Monthly Archive: January 2005

Daily Update Wednesday, January 19, 2005

Good economic news gave way to mixed corporate earnings reports, driving the market sharply lower. Prudent investors should go to the sidelines to see how this market shakes out. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside….

Daily Update Tuesday, January 18, 2005

The market opened slightly lower today, but quickly turned to the upside. It appears that the mild correction is over. It’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,”…

Sector Magic Part II.

After opening the year with three successive down days, the market has alternatively gone up and down on the last seven days. Overall the Price of VVC is down $0.77 from its 12/31/04 close and up $0.12 from last Friday. So now the Primary Wave is Up. This information suggests to…

Daily Update Thursday, January 13, 2005

Oil prices, which closed at their highest level since the end of November, rising unemployment data and various Blue Chip revenue and earnings warnings sent the market plummeting today. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the…

Daily Update Wednesday, January 12, 2005

After opening lower today, the market rallied, especially late in the afternoon to close higher. With three yellow lights, 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 of you who…

Daily Update Tuesday, January 11, 2005

Stocks opened lower today and spent the whole day underwater. Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding the Wave,” we are short with an equal blend of IWMs…

Daily Update Monday, January 10, 2005

Stock prices moved higher most of the day, but slipped before the close. With three yellow lights, 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 of you who are “Riding…

Sector Magic.

The market sold off sharply last week, sending the Price of VectorVest Composite lower. Since the Price of the VVC closed lower on a Monday to Monday basis, the Primary Wave (as shown in our Daily Color Guard) went from up to down. Moreover, the Price of the VVC fell below…