Continued fears of terrorist attacks and disappointing earnings from Home Depot drove stock prices lower again today. 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 Wave,” we are…
Profit takers moved in as Gold stocks soared on renewed fears of terrorist attacks. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market as it develops. For those of you who are “Riding the Wave,” we went long with “Jeremy’s Brigade.” We will sell any…
We completed the shortest downwave, last week, I’ve ever seen. Let’s hope that the new upwave is more than another ripple. The NASDAQ was terribly oversold, and it had one of its best weeks in a year. So let’s give it a try. Prudent…
The market was relatively quiet today. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market as it develops. For those of you who are “Riding the Wave,” we will remain in cash.You may see all the action of the Daily Color Guard graphically by clicking…
Since the Price of the VVC has gone up for two consecutive Wednesdays and was confirmed by today’s action, and the BSR is above 1.00, we have a Confirmed Up signal. Please be aware that this market is trending slightly above and slightly below an MTI level of 1.00….
The market rallied on news of the largest monthly gain in Retail Sales since October 2001. Until we see if the rally will continue, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market as it develops. For those of you who are “Riding the Wave,”…
The market rallied sharply today on the heels of numerous broker upgrades and recommendations to buy. It looks like this could be another Wall Street pump-and-dump affair. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market as it develops with a bias to the downside….
In spite of another monster rally last Wednesday, our indicators are still pointing toward a downward trending market. Indeed, we received a confirmed down signal last Tuesday. Prudent Investors should continue to protect profits, stay on the sidelines and/or buy Puts. Aggressive Investors…