Rising oil prices took their toll on the market today as stock prices moved lower. Even so, it wasn’t all that bad. Prudent Investors should get their shopping lists ready to go bottom-fishing and bargain hunting. Aggressive Investors and Traders should play the market with a bias to the…
Stock prices rallied sharply higher today even though the price of oil moved higher. So go figure. Without having some good reason for this market going up, I would suggest Prudent Investors continue to remain cautious. Aggressive Investors and Traders should play the market up or down as it…
The market opened sharply higher today on news of a benign CPI report, but lost ground as oil prices moved higher. Given the weak follow through to yesterday’s rally, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops with…
The market rallied sharply today on news of lower oil prices. Is this the rally that we have been waiting for? We need more evidence to know for sure. Prudent Investors should remain on the sidelines, but get their shopping lists ready. Aggressive Investors and Traders should play the…
If one were to draw a line through the price points for 02/24/04 and 05/17/04 shown on the Market Timing Graph and extend it to the right side of the graph, they would see a potential support level of $19.00. This is well below the current price of $20.06. I don’t…
A disappointing Hewlett Packard earnings report sent stock prices lower again today. Prudent Investors should take defensive actions and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside. For those of you…
Cisco’s cautious outlook pushed tech stocks sharply lower today. Prudent Investors should continue to remain cautious. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside. For those of you who are “Riding the Wave,” we are short with…
Stocks rebounded early today then moved higher on the Fed’s decision to raise interest rates by one quarter of a percentage point. Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the downside. For those…