An already weak market sold-off sharply late in the day due to a downbeat sales forecast from Walmart. Prudent Investors should sit on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we…
Having experienced a severe roller coaster ride, the Price of the V V C is now $0.11 higher than it was two weeks ago, $0.20 higher than it was last week, but $0.14 lower than its November 6th peak. Where it will go from…
A better then expected retail sales report along with a large takeover offer triggered an explosive rally on the market today. It appears that the market has reversed course and is now moving upward, but I want to see if there is any follow through tomorrow. If the market…
News that Iraq has accepted the U.N.’s terms for inspection caused the market to rally today, but unfavorable news from Citigroup caused it to sell-off late in the day. Here again, the market is showing weakness in recovering from the 11/06 high. Prudent Investors should continue to be cautious…
Bargain hunters drove the market higher today, but the rally lost steam in the last hour of trading. Our indicators are suggesting that what we saw today was a sucker rally. Prudent Investors should continue to be cautious and not buy stocks. Aggressive Investors and Traders should favor the…
Fears of war drove the market down again today. Our indicators have turned Bearish. Therefore, we recommend that Prudent Investors take and/or protect profits and not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are…
The Price of the V V C fell from last week, warning us to raise our antennas. Although I’m not ready to throw in the towel on this rally quite yet, caution is advised. Prudent Investors should take and protect profits, tighten stops,…
Investors turned Bearish today, taking profits and sending prices downward. Prudent Investors should take a cautious stance at this time. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we are long with “Nasdaq Big…