Since we received a Confirmed Down signal on Monday, the Price of the V V C has worked higher on four consecutive days. Moreover, our Market Timing Indicator, MTI, has gone from below 1.00 to above 1.00, and is now saying that the underlying…
The bulls took control of Wall Street today, and we’ll have to see whether this is a summer fling or a sustainable rally. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. For those of you who are…
Investors were disappointed today with the Fed’s decision to lower interest rates only 25 basis points. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are…
In anticipation of tomorrow’s results of the FOMC meeting, the market moved modestly higher today. Although the Color Guard is mildly Bullish, Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis as it develops. For those of…
While the blue chip stocks got hit today and the Nasdaq stocks faired somewhat better, the Price of the VVC has now gone down for four consecutive weeks. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market with a bias to…
My bones are telling me to be very careful at this point in time. Der Schpinmeisters are advising us to buy stocks of companies whose sales are down 50-60% and whose earnings have crashed. It makes no sense. The Price of the V V…
The market rallied again today on news that manufacturing may be seeing a bottom. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are “Riding the…
The market had a minor rally today, but it doesn’t look sustainable. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market on a day-to-day basis with a bias to the downside. For those of you who are “Riding the Wave,”…