A nascent rebound was rebuffed by later afternoon selling today sending stock prices lower. With the Price of the VVC going down for the second consecutive week and the BSR below 1.00, we have now received a Confirmed Down signal. Prudent Investors should not buy any stocks at this…
The Labor Department reported that Consumer Prices increased 0.6% in April causing investors to fear further interest rate increases by the Federal Reserve and pushing the Dow down more than 200 points, its worst one-day decline in three years. With three red lights and a DnDn situation, Prudent Investors…
A relatively benign PPI report excluding food and energy calmed the market today as stock prices stabilized. With three yellow lights and a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should continue to play to the downside. For those of you…
Stocks ended mixed today although the Declines outnumbered Advances by a wide margin. Prudent Investors should remain cautious and not by stocks at this time. Aggressive Investors and Traders should continue to play to the downside. For those of you who are “Riding the Wave,” we will go short…
With the Price of the VectorVest Composite suffering its worst two day loss since October 5, 2005, it appears that its bumpy ride to higher prices has ended. Since last Friday, it has fallen 84 cents per share and the Primary Wave has swung from Up to Dn. Both the RT…
Soaring commodity prices, higher interest rates and the fear of inflation triggered a sharp sell-off today, causing the Primary Wave to move to the downside. 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…
As expected, the Fed raised interest rates 0.25 percent for the sixteenth consecutive time. It also left the door open to further rate increases sending stock prices slightly lower. With three yellow lights, the caution light is on, but it’s still OK for Prudent Investors to buy high VST-Vector,…
The Price of the VVC edged slightly higher today as investors remained cautious pending tomorrow’s FOMC meeting. It’s still OK for Prudent Investors to buy high VST-Vector, “B” rated stocks long. Aggressive Investors and Traders should play the market to the upside. For those of you who are “Riding…