Monthly Archive: January 2003

Be Our Guest!

The Price of the VectorVest Composite has now fallen for three consecutive weeks and all the major indices closed down for the month of January. So now we have mixed signals according to Yale Hirsch’s January Indicators. The five-day signal was up and the…

Daily Update Thursday, January 30, 2003

Heightened fears of a war in Iraq and an uninspiring outlook for the economy discouraged investors today. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are short with “Down Hill…

Daily Update Wednesday, January 29, 2003

The market opened lower today, but rallied to close on the plus side. This rally looks awful weak to me, so Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will…

Daily Update Tuesday, January 28, 2003

Bargain hunters bought stocks today in anticipation of a favorable State of the Union message. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will cover any stock that receives a…

Daily Update Monday, January 27, 2003

Geopolitical concerns continued to weigh heavily on the market today. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we will cover any stock that receives a “B” or “H” rating and…

Super Bowl Sunday.

All the market’s gains since the beginning of the year have been eradicated, and we have received a Confirmed down signal as of today. This January is becoming similar to last year’s in many ways. The market peaked early in the month, then…

Daily Update Thursday, January 23, 2003

Good earnings news from Nokia, Qualcomm, and Texas Instruments gave tech stocks a big boost today. NYSE stocks also rose higher. One up day does not make a rally. Therefore, Prudent Investors should continue to remain cautious. Aggressive Investors and Traders should play the market up or down as…

Daily Update Wednesday, January 22, 2003

Lack of visibility and positive news caused the market to go down again for the fifth straight time today. Prudent Investors should go to the sidelines, take profits and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we…