Earnings warnings from Oracle and JP Morgan sent stocks lower early in the day, but the market fought back to close only slightly in the red. Prudent Investors should continue to protect profits and not buy stocks at this time. Aggressive Investors and Traders should play the market to…
The market opened higher today on hopes of easing tensions with Iraq, but faltered there after on news of a drop in Industrial production; then continued to fall on bad earnings news from McDonald’s and President Bush’s resolve to remove Saddam Hussein from power. Prudent Investors should continue to…
The market spent most of the day underwater, but managed to gain ground for a mixed performance by the end of the day in light trading. Prudent Investors should continue to protect profits and not buy stocks at this time. Aggressive Investors and Traders should play the market to…
Although the Price of the V V C rose four days last week, it still closed down for the third consecutive Friday. This suggests that the downturn is likely to continue, albeit in a choppy fashion. Prudent Investors should continue to remain cautious…
President Bush’s speech on Iraq and Dr. Greenspan’s testimony triggered a major sell-off today. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we will cover any positions that receive an “H” or…
An early rally faded during the day on light trading. Although the Color Guard is mildly Bullish, Prudent Investors should remain cautious. Aggressive Investors and Traders can play the market up or down as they see fit. For those of you who are “Riding the Wave,” we will cover…
Who would buy stocks into a code orange warning on the day before 9/11? Sounds fishy to me. Nevertheless with an UpDn situation, we have to prepare ourselves for further upmoves. Prudent Investors should remain cautious however until we get further evidence of a sustainable uptrend. Aggressive Investors and…
After a lower opening today, investors decided to go bargain hunting and drove stock prices higher. Prudent Investors should continue to protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are short with the “Worst…