Monthly Archive: August 2006

Daily Update Wednesday, August 9, 2006

Just like the old days, a strong earnings report from Cisco Systems sparked a rally in early trading. And just like the last few days, the rally faded in late trading. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time and…

Daily Update Tuesday, August 8, 2006

Although the Fed “paused” in its string of interest rate increases, stock prices did not sustain a rally due to an apparent lack of conviction on the part of the Fed as to what they are going to do in the future. Since the market hates uncertainty Prudent Investors…

Daily Update Monday, August 7, 2006

Stock prices went lower today as investors were hesitant before tomorrow’s FOMC meeting and because of a sharp rise in oil prices. Most analysts believe the Fed will “pause” in their string of interest rate increases which should lead to higher stock prices. However, many analysts also believe that…

VectorVest Europe.

Uncertainty ruled the week as data of a slower economy conflicted with evidence of higher inflation. Everything depends upon The Fed. What will it do? We don’t know, and unfortunately, they do not either. After a bumpy week, the Price of the VectorVest Composite, V V C, managed to hold on…

Daily Update Thursday, August 3, 2006

Interest rate increases in England and in Europe caused stock prices to open lower today, but a strong retail sales report turned the market to the upside. With one green light and an UpUp situation Prudent Investors may buy stocks at this time, but caution is advised.Aggressive Investors and…

Daily Update Wednesday, August 2, 2006

Good earnings reports restored some confidence to investors today, therefore driving stocks prices higher. With three yellow lights and an UpDn situation Prudent Investors should continue getting their shopping lists ready.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…

Daily Update Tuesday, August 1, 2006

An eleven year high in Consumer Price Inflation put a damper on stock prices today. With three yellow lights and an UpDn situation Prudent Investors should continue getting their shopping lists ready.Aggressive Investors and Traders should play the market up or down as it develops with a bias to…