Encouraging economic data spurred investors to drive the market higher today, but our key indicators continue to show that this is not a time to buy stocks. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you…
The market closed mixed today as investors tried to sort out the good news from the bad. Prudent Investors should 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 with “1×50…
News of more layoffs and higher interest rates drove stock prices sharply lower today. Prudent Investors should 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 with “1×50 MA Down” stocks….
The market was mixed today as investors digested the consequences of the crash in the Bond market. The implications of a sharp rise in interest rates are enormous. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of…
The Price of the VVC seems to have encountered considerable overhead resistance as it closed at $17.99, $17.82, $18.00, and $17.91 on the last four Fridays. This loss of momentum has, of course, been clearly evident by the downward path of our market…