Monthly Archive: June 2006

Daily Update Tuesday, June 20, 2006

Although stocks showed some signs of rebounding today, the consolidation continues. With three yellow lights and an UpDn situation Prudent Investors should remain cautious and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. For those of you…

Daily Update Monday, June 19, 2006

For the sixth consecutive time, stock prices moved lower to open the week. There is no motivating economic news and investors are simply waiting for the Feds to meet next week. With a DnDn situation Prudent Investors should put their shopping lists aside. Aggressive Investors and Traders should play…

My Game Plan.

We have probably seen the bottom of this downturn. As noted a number of times, the market is deeply oversold when the BSR goes below 0.20. This happened on Monday, June 12th, when it hit 0.14. The BSR hit its low point, 0.10, on Tuesday, June 13th. Then it inched higher…

Daily Update Thursday, June 15, 2006

Favorable economic data ignited a strong pre-market sending stock prices sharply higher today. With the BSR having touched 0.10 two days ago and today’s explosive rally on high volume, it appears that we have seen the bottom of this downturn. Therefore Prudent Investors should get their shopping lists…

Daily Update Wednesday, June 14, 2006

Bargain hunters overruled an unfavorable inflation report today, driving stock prices modestly higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should be aware with the BSR at 0.11, it is not a good time…

Daily Update Tuesday, June 13, 2006

Continued anxiety over rising interest rates and a slowing economy left investors reluctant to buy stocks and the market ended lower again today. With three red lights and a DnDn situation, Prudent Investors should take and/or protect profits and not buy stocks at this time. Aggressive Investors and Traders…

Daily Update Monday, June 12, 2006

Inflation fears kept investors on the sidelines today as the Dow lost more than 90 points and the NASDAQ hit a seven-month low. With three red lights and a DnDn situation, Prudent Investors should take and/or protect profits and not buy stocks at this time. Aggressive Investors and Traders…

Summer Hiatus.

As suspected the two-week rally in the Price of the VectorVest Composite was nothing more than a head fake. After falling $0.99 last week, it is now 8.23% below its May 9th close of $27.82 per share. Yes, the market is oversold from a technical standpoint, but the scenery has changed…