The relief rally that we thought was possible after a terror-free holiday weekend lasted about twenty minutes. This poor showing gave a good indication of how investors feel about the market. And they apparently don’t feel very bullish. Prudent Investors should be cautious,…
An afternoon rally helped the Dow to regain most of the days losses, while aiding NASDAQ to close in positive territory. This kind of day shows you exactly how uncertain investors are about the direction of the market. Therefore, Prudent Investors should remain cautious. Aggressive Investors and Traders should…
The Bad News Bears took over Wall Street again today. Prudent Investors should continue to protect profits and stay on the sidelines. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are going short tomorrow with “Worst…
The anticipated rally from the terror-free weekend lasted about twenty minutes today and the market continued on its downward pattern. Prudent Investors should protect profits and go to the sidelines. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the…
The US Markets were closed today in observance of Memorial Day, therefore; today’s results only reflect the action on the Toronto exchange. Prudent Investors should continue to be cautious, and remain patient until this market develops a sustainable trend. Aggressive Investors and Traders should play the market on a…
Talk of possible terrorist attacks undermined the prior week’s mini-rally and we’re back to seeing a lot of red lights. So what’s new? If anything unfortunate happens over the Memorial Day Holiday we will be back to a 9/11 mentality. If the weekend…
A strong Durable Goods report for April sparked an afternoon rally for stocks today, but fears of terrorist attacks continue. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we…
More talk of terrorist attacks caused the market to go down early in the day, and a rumor of Osama Bin Laden’s capture sparked a rally late in the day. Some people will do anything to get the market to go up. Nevertheless, Prudent Investors should protect profits and…