The markets closed modestly lower today as investors locked in profits from last week’s rally. With one green light and an UpDn situation Prudent Investors should have their shopping lists ready and be prepared to buy stocks tomorrow, if the market moves higher.Aggressive Investors and Traders should play the…
The Price of the VectorVest Composite rose to $25.58 per share today, closing above last Friday’s price of $24.82 per share and changing the Primary Wave from Dn to Up. Although the Price of the V V C has been retrenching from its July 3rd high, of $26.20, our key timing…
After a promising start, stock prices headed south shortly thereafter. Although the VVC went down today, it is still higher than it was last Thursday giving us an UpDn situation. Moreover, all of our other indicators, RT, BSR, and MTI are also higher than they were last Thursday. So…
After a breath-taking two day rally, the market took a rest today and closed slightly to the downside. The bad news is it has gone back to a DnDn situation. Therefore, we are going to sit back and see whether the rally starts again. In the meantime Prudent Investors…
A late day rally turned a lackluster day into a reasonably good follow up day. Therefore we are encouraged to think about buying stocks again Prudent Investors should get shopping list ready. Aggressive Investors and Traders should play the market with a bias to the upside. For those of…
Multi merger reports plus good earnings news inspired bargain hunters to buy stocks today. This is the third large single day rally that we have had in the last several weeks. Let’s see if it follows through tomorrow. In the meantime Prudent Investors should get their shopping lists ready….
Although the Price of the VectorVest Composite fell for the third consecutive Friday, it is still above the low of $24.74 hit on June 13th. Moreover, the BSR and MTI are consolidating in classical bottom formations, i.e., slowly hitting higher lows. Patience is the watchword at this point. It is too…
The Bears recaptured Wall Street today sending stock prices sharply lower. With one red light and two yellow 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 Wave”, we are…