Coronavirus concerns hindered stock prices this week and the Price of the VVC/AU continued to move lower. Overall, it lost $0.112 per share to close at $3.307 per share. Additionally, with the MTI below 1.00 and the Price of the VVC/AU moving lower for two consecutive five-day trading periods, we received…
Lack of progress on a new stimulus deal in the U.S. dented sentiment and the Price of the VVC/AU finished slightly lower this week. Overall, it fell $0.009 per share to close at $3.419 per share and the Primary Wave is Dn. Furthermore, all three of our other key indicators, the…
Although global economic uncertainties and lingering coronavirus concerns continue to control the market this week, the Price of the VVC/AU moved higher for the second consecutive week, rising $0.041 per share to close at $3.428 per share. Two of our other key indicators, the BSR and MTI, also made gains this…
A promise from the Australian government to spend billions to stimulate the coronavirus hit economy made for a great week for the Price of the VectorVest Composite AU (VVC/AU) as it reversed course and closed higher. Overall, it added $0.125 per share to close at $3.387 per share. Our other key…
Uncertainty surrounding COVID-19 along with faltering financial and consumer stocks caused the Price of the VVC/AU to close lower for the second consecutive week. Overall, it fell $0.016 per share to close at $3.262 per share. Additionally, two of our other key indicators, the RT and the BSR, also moved lower…
Economic concerns weighed on the market this week and the Price of the VVC/AU reversed course and moved lower. Overall, it lost $0.005 per share to finish the week at $3.278 per share. All three of our other key indicators, the RT, BSR and MTI, closed lower when compared to five…
Despite uncertainty surrounding future stimulus from the Central Bank and a drop in iron ore prices for three consecutive days, the Price of the VVC/AU managed to move higher over the last five trading days. Overall, it rose $0.019 per share since last Friday to close at $3.283 per share. Our…
The Price of the VVC/AU moved lower for the second consecutive week due to rising coronavirus cases and a sharp selloff of technology shares. Overall, it fell $0.036 per share to close at $3.264 per share, giving us a preliminary signal of a sustainable downtrend. All three of our other key…