The market opened today on a strong rally which petered out in the last hour of trading. This is very interesting and we’ll have to watch it carefully. Prudent Investors should continue to sit on the sidelines. Aggressive Investors and Traders should play the market up or down as…
Betting on the short-term direction of this market has been like playing Russian roulette. Hope replaced fear last week and the market rebounded from a blue Monday. Wednesday’s rebound high of $14.95 for the VVC, however, failed to exceed the rally high of $14.99…
The rally stalled today as dismal economic data offset continued good news from the war front. Prudent Investors should not chase this market. Aggressive Investors and Traders should play the market up or down as they see fit. If you are “Riding the Wave,” we are still short with…
Visions of victory and the rescue of an American P.O.W. sent spirits and stock prices flying today. We don’t know whether it’s gonna last or not and the uncertainties of more big up days and down days still remain. Prudent Investors should not chase this market. Aggressive Investors and…
The market is still very uncertain and reacting to geopolitical news on an hour to hour basis. Although it bounced back today from yesterday’s sell-off, Prudent investors should continue to raise cash, and/or use defensive strategies such as selling Covered Calls and/or buying Puts. Aggressive Investors and Traders should…