Fear of inflation drove stock prices lower today. With three yellow lights and an UpUp situation, it’s OK for Prudent Investors to buy stocks long, but caution is advised. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,”…
Although the Price of the V V C took a terrible beating last Tuesday, it managed to move higher for three straight days, producing a gain of 19 cents per share since last Friday, thereby turning the Primary Wave to Up. This means that the Price of the V V C…
An afternoon rally, spurred by an upbeat government report on oil inventory, pushed the market to a higher close today. 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….
Stocks bounced back today, but it was nothing to write home about. With three yellow lights, Prudent Investors should remain cautious. Aggressive Investors and Traders should continue to play the market to the downside. For those of you who are “Riding the Wave,” we will go short tomorrow with…
Soaring oil prices, a weaker dollar and mixed earnings reports triggered a major sell-off today. Prudent Investors should not buy stocks at this time and 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…
The Price of the V V C fell a modest $0.02 last week and all in all, it was not a good week for the stock market. It also appears that the Price of the V V C has formed a double-top formation. Double top formations are bearish formations and it…
A weaker than expected report of Leading Economic Indicators put a damper on the market today along with Dr. Greenspan’s comments on higher interest rates. With three yellow lights, Prudent Investors should become cautious. Aggressive Investors and Traders should play the market up or down as it develops. For…
The market rebounded late this afternoon to regain most of its lost ground, but still finished the day slightly negative. However, with two green lights and one yellow light, it’s still OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the…