Monthly Archive: September 2006

Daily Update Tuesday, September 19, 2006

A benign PPI report eased inflation fears this morning, but a plunge in new housing starts pushed the market lower in the day and an earnings warning from Yahoo sent stocks reeling. Prices managed to recover somewhat, but overall it was a down day for the Bulls. With three…

Daily Update Monday, September 18, 2006

The major averages closed narrowly mixed today in quiet trading. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, “B” rated stocks. Aggressive Investors and Traders should play the market to the upside.For those of you who are “Riding the Wave”, we…

The New Leaders.

Even though the market had its best performance in a month, the Mighty Dow is closing in on an all-time high and the Price of the VectorVest Composite turned upward again, I’m still not comfortable with this market. As discussed in today’s essay, there are no distinct leaders in the current…

Daily Update Thursday, September 14, 2006

Investors digested some of their gains for the week and turned cautious before tomorrow’s CPI report. With three yellow lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks. Aggressive Investors and Traders should play the market to the upside. For those of you…

Daily Update Wednesday, September 13, 2006

The rally rolled on today with the Primary Wave moving from Dn to Up and giving us an UpUp situation. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks. Aggressive Investors and Traders should play the market to the upside….

Daily Update Tuesday, September 12, 2006

A strong Q3 earnings report from Goldman Sachs, plunging oil prices and falling bond yields powered the Price of the VVC to its largest increase since August 15th. One day does not make a trend however, so with three yellow lights and a DnUp situation Prudent Investors should…

Daily Update Monday, September 11, 2006

Although the major averages managed to close slightly higher today, the downward movement of the Price of the VVC reflects the fact that there were far more declining than advancing stocks. With all of our indicators moving lower Prudent Investors should remain on the sidelines and not buy…

Looking for Leaders.

The Price of the VectorVest Composite moved down to its support line defined by its 07/21 and 08/14 lows; then bounced upward today. Nevertheless, it is still lower than it was last week, and we shall see whether it moves above the 09/05 high of $26.32 per share or reverts to…