A surprisingly low Chicago Purchasing Managers report which reflects manufacturing activity sent stocks moderately lower today. Interest rates on 10-year T-Notes also went down. With an UpUp situation and three yellow lights, it’s still OK for Prudent Investors to buy stocks long, but caution is advised. Aggressive Investors and…
Even though the Buy/Sell Ratio, BSR, bottomed-out six weeks ago, 04/18/05, it finally appears that the rally is getting some traction. Take a look at a graph of the NASDAQ Comp (IXIC). Its RT bottomed-out on 01/24/05 and Price hit its low point on 04/28/05. That’s a bullish divergence if I’ve…
The Bulls took over Wall Street today on news of a favorable GDP report. With one green light and an UpUp situation, 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 major indices closed lower today as rising oil prices held the market under water. With an UpUp situation, it’s still OK for Prudent Investors to buy stocks long, but caution is advised. Aggressive Investors and Traders should play the market up or down as it develops. For those…
The market took a rest today with the Price of the VVC remaining unchanged. It’s still 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,” we are long with selections…
Tech stocks led a modest rally today on light volume. With one green light and an UpUp situation, 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,” we re-stocked…
The Price of the VectorVest Composite moved higher on four of five days last week and is higher on a week-to-week basis. Therefore, the Primary Wave is Up and we have an UpUp situation. Prudent Investors should be ready to buy stocks on any up days. Aggressive Investors and Traders should…
The Price of the VVC has now gone up for four straight days and the MTI is now above 1.00. With an UpUp situation, it’s OK for Prudent Investors to buy stocks long provided that the market continues to rally tomorrow. Aggressive Investors and Traders should play the market…