In the face of a disappointing CPI report, Fed Chairman Ben Bernanke commented on the potential end to interest rate hikes pushing stocks higher across the board. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks and/or protect profits. Aggressive Investors and Traders should…
With the CPI data being released and Dr. Ben Bernanke testifying to Congress, tomorrow may be a very volatile day. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks and/or protect profits. Aggressive Investors and Traders should play the market up or down as…
Although lower oil prices and some favorable economic data allowed the major averages to be mixed today, the Price of the VVC continued to move lower. While the Color Guard is somewhat Bearish, we must remember that the market is quite oversold with the BSR at 0.15. Therefore the…
Terrorist bombings in India and an outbreak of fighting in the Middle East completely overwhelmed the support for higher stock prices that we had hoped for due to robust quarterly earnings reports. Not only have the earnings reports been disappointing so far, but there was enough bad news, a slowing economy,…
The wall of worry got a lot higher today as fighting in the Middle East caused crude oil prices to soar triggering renewed fears of supply disruptions, higher inflation and a global economic slowdown. Stock prices dropped sharply extending the downturn that started on July 5th. With rapidly falling…
Investors got worried about inflation and a slowing economy as oil prices rose and a broker downgraded Dell. These fears helped to push the Dow down more than 121 points and the Nasdaq down more than 38 points. With three red lights and a DnDn situation Prudent Investors…
Terrorist bombings in Mumbai, A.K.A Bombay put a damper on the market early in the day, but stocks moved sharply higher in late afternoon to close to the upside. If the rally continues tomorrow Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play…
The market closed mixed today with the NASDAQ taking the brunt of the downside movement. With three yellow lights and a DnDn 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…