Monthly Archive: July 2003

Daily Update Thursday, July 31, 2003

The market opened sharply higher today on a better than expected GDP report, but stocks pulled back in late trading. Tomorrow could be the same depending upon the Jobs report. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops….

Daily Update Wednesday, July 30, 2003

It was a lazy summer day with stocks moving slightly lower. Everyone seems to be waiting for Friday’s unemployment report. Meanwhile, Prudent Investors should remain cautious and not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as they see fit….

Daily Update Tuesday, July 29, 2003

A lower than expected consumer confidence report rattled investors today as the market closed to the downside. In this regard, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the…

Daily Update Monday, July 28, 2003

The market was relatively quiet today as investors waited for the plethora of business reports scheduled to come out this week. Prudent Investors should remain patient for a better buying opportunity. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding…

The Race Is On.

The Price of the VVC rebounded once again last week, showing that investors are still buying the dips. While powerful up days like today make one want to jump in and buy stocks, we need to remember that the rally from the March…

Daily Update Thursday, July 24, 2003

A remarkable mid-afternoon downside reversal sent stock prices lower today. Prudent Investors should continue to take and/or protect profits. Aggressive Investors and Traders should play the market up or down as it develops. If you are “Riding the Wave,” we are short with “1×50 MA Down” stocks. We will…

Daily Update Wednesday, July 23, 2003

A better-than-expected earnings report from Amazon triggered an afternoon tech rally. Nevertheless, Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. If you are “Riding the Wave,” we are currently short with “1×50 MA Down.” We will cover any positions…

Daily Update Tuesday, July 22, 2003

The market rallied today on news of the death of two of Saddam’s sons. While we think the news was positive, it will not have a lasting effect on the trend of the market. In this regard, Prudent Investors should take and/or protect profits. Aggressive Investors and Traders…