The three-day sell-off last week was not as bad as the one that occurred in mid-April, but it hurt worse because it came just as the market was making an up move as compared to extending a down move. Nevertheless, the sixty four dollar question is “Is this the beginning of…
A world of worry from a slowing economy to rising inflation and interest rates caused investors to sell stocks again today. Prudent Investors should not buy stocks at this time and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of you who…
A heightened awareness of inflation and a weak ISM services report indicating a slowdown in that sector of the economy spooked investors today sending stock prices sharply lower. Prudent Investors should take and/or protect profits. Aggressive Investors and Traders should play the market to the downside. For those of…
Stocks started higher today, but fell sharply after a Fed Governor said that interest rates were at the high end of their range, thereby implying additional interest rate increases. With three yellow lights, Prudent Investors should move to the sidelines. Aggressive Investors and Traders should play the market up…
Stocks opened higher this morning, but a strong ISM manufacturing report caused some selling through out the day. With two green lights 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…