As indicated last week, the stock market had been showing resilience and the downturn was not expected to be severe. Indeed, stock prices moved mostly higher this week and the Price of the VectorVest Composite gained $0.38 per share on a Friday-to-Friday basis. That’s the good news. The bad news is…
Stocks moved higher today as investors renewed their confidence in the economy. With one green light and two yellow lights, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding the Wave,” we…
A large increase in Durable Goods orders gave stock prices an early morning boost, but the rally fizzled out as the day wore on. With three yellow lights, Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops….
A big drop in the Conference Board’s Consumer Confidence Index send stock prices lower today in mixed trading. With three red lights, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding…
The market enjoyed a relief rally today moving stock prices slightly higher. With three yellow lights, Prudent Investors should remain cautious. Aggressive Investors and Traders should play the market up or down as it develops. For those of you who are “Riding the Wave,” we are in cash.You may…
Wall Street was wicked last week as stock prices went up and down depending upon the severity of hurricane Rita and its projected landing site. Nevertheless, the Price of the VectorVest Composite moved lower for the second consecutive week and we received a Confirmed Down signal when the Buy/Sell Ratio, BSR,…
Although the major averages managed to make modest gains today, the Price of the VectorVest Composite and our associated indicators were all down modestly. Given this scenario, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those…
Yesterday’s rate increase, plus the ongoing saga of Hurricane Rita caused investors to evacuate Wall Street today sending stock prices sharply lower. Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. For those of you who are “Riding…