Monthly Archive: June 2003

Daily Update Monday, June 30, 2003

Stocks ended the quarter on a quiet note today. Prudent Investors should continue to remain cautious. 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 short with an equal blend of SPYs and…

When Pigs Fly.

The Price of the VectorVest Composite has been down on a week-to-week basis on six of the last seven days. If it goes down any day next week on a week-to-week basis, it will give a preliminary signal of a sustainable downtrend. The…

Daily Update Thursday, June 26, 2003

Investors pushed stock prices higher today as a bet that the latest interest rate cut will spur the economy in the second half. Prudent Investors should not chase stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you are…

Daily Update Wednesday, June 25, 2003

The market started out today to the upside only to turn down after the Fed lowered interest rates by only a quarter percentage point. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who…

Daily Update Tuesday, June 24, 2003

The market was mixed today as investors wait on the decision by the Fed on interest rates. Prudent Investors should continue to take and/or 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…

Daily Update Monday, June 23, 2003

Unfavorable earnings news sent investors running for cover as the Dow and Nasdaq stayed negative all day. Prudent Investors should continue to take and/or 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…

Another View.

The rally has now completed its 14th week from the March 14th low. Although the Price of the VectorVest Composite hit a rally high of $17.70 last Tuesday, the MTI hit its high of 1.73 on Thursday, June 12th. The BSR hit its high…

Daily Update Thursday, June 19, 2003

Investors turned wary today sending stock prices lower. Prudent Investors should tighten stops and/or take profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we went short with an equal blend of SPYs and QQQs.You may see all the action…