An enthusiastic manufacturing report from the Philadelphia Federal Reserve and an unexpected drop in jobless claims drove the market higher today. It’s OK for Prudent Investors to buy high VST-Vector, “B” rated stocks. Aggressive Investors and Traders should play the market to the upside. If you are “Riding the…
The markets recovered nicely this afternoon, closing mixed with the NASDAQ barely in the red, after being down as much as 35 points. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding…
The market was bumpy today, but ended on the upside. Prudent Investors should 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 long with an equal blend of QQQs and IWMs….
The “Saddam Effect” had the market soaring in pre-market trading, but quickly turned around and closed in negative territory as Wal-Mart announced that December same store sales were running on the low end. Prudent Investors should wait and see where this market is heading before making any further commitments….
The market’s bumpy ride continued last week as the Price of the V V C bounced off the supporting trendline we described last week. The resistance line, described by connecting the Prices of the V V C from 6/17/03 extending through 12/01/03…
Last night, the Price of the VVC closed right on the supporting trendline and bounced sharply higher today. It appears that we are going to have another bounce upward. Prudent Investors should continue to stay on the sidelines until we have more evidence of a rebound. Aggressive Investors and…
The market continued to slide today. Prudent Investors should go to the sidelines 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 went short today with an equal blend of IWM and QQQ.You may…
The market sold off sharply after the FOMC meeting was completed. Prudent Investors should go to the sidelines 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 sold our long positions today. We will…