Stocks moved up steadily today with all the indexes closing to the upside. With a strong up day, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,”…
It was a good day on Wall Street today until investors got word of 3M’s troubled outlook for the third quarter, then their earnings worries settled back in and pushed the Dow to close lower today. Prudent Investors should continue to be defensive and not buy stocks at this…
The Price of the V V C has now completed its third down week since June 25th and we received a Confirmed Down signal on July 13th. Although the pace of the downturn appeared to lessen during the week, today’s sell-off left little doubt that the Bears are in charge. Prudent…
Mixed economic news kept the market flat today as investors bought on news of a decline in producer prices and sold on news that industrial output did not meet expectations. Prudent Investors should continue to be defensive and not buy stocks at this time. Aggressive Investors and Traders should…
The shadow of Intel hung over the market today as stocks opened sharply lower, rallied to the positive side; then slowly fell back into the red. Prudent Investors should continue to be defensive and not buy stocks at this time. Aggressive Investors and Traders should play the market to…
The market struggled again today, waiting for Intel’s results. Although Intel met their earnings forecast, the prospect of smaller margins sent the stock sharply downward in after hours trading. Prudent Investors should continue to be defensive and not buy stocks at this time. Aggressive Investors and Traders should play…
A downgrade of semiconductor stocks drove prices sharply lower in the morning, but a drop in oil prices triggered a rally in the afternoon. Overall, the market was mixed for the day. Prudent Investors should continue to be defensive and not buy stocks at this time. Aggressive Investors and…
A good earnings report and a positive business view from GE saved the market from a complete drubbing last week. Nevertheless, the Price of the VVC has now gone down for the second consecutive Friday, giving a preliminary signal of a sustainable downturn. Prudent Investors should not buy stocks at this…