Monthly Archive: October 2006

Daily Update Thursday, October 19, 2006

The Mighty Dow finally closed above 12,000 on continued news of strong earnings reports. With two green lights and an UpUp situation Prudent Investors may continue to 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…

Daily Update Wednesday, October 18, 2006

Better-than-expected housing data and a benign CPI report pushed stocks sharply higher at the open, but the major averages pulled back on profit-taking, finally ending the day mixed. With three yellow lights and an UpUp situation Prudent Investors may continue to buy high VST-Vector ‘B’ rated stocks, but caution…

Daily Update Tuesday, October 17, 2006

Investors took profits off the table today and turned cautious in anticipation of tomorrow’s CPI report. With three yellow lights and an UpUp situation Prudent Investors may continue to buy high VST-Vector ‘B’ rated stocks, but caution is advised.Aggressive Investors and Traders should play the market up or down…

Daily Update Monday, October 16, 2006

The Dow ended the day at another record close, driving stock prices modestly higher. With two green lights and an UpUp situation Prudent Investors may continue to 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 Bull/Bear Market Indicator.

Investors shrugged off news of North Korea’s nuclear test pushing the market higher early last week, but it pulled back slightly after a weaker-than-expected start to the earnings season. However, investors couldn’t help being jovial over the falling price of oil and the week ended on an up note. Therefore Prudent…

Daily Update Thursday, October 12, 2006

Strong earnings reports and evidence from the Fed’s Beige Book suggesting that the economy is on track for the “soft landing” pushed stock prices modestly higher today. With three green lights and an UpUp situation Prudent Investors may continue to buy high VST-Vector ‘B’ rated stocks.Aggressive Investors and Traders…

Daily Update Wednesday, October 11, 2006

A weaker than expected earnings report from Alcoa and a hawkish interpretation of the September 20th FOMC minutes left investors with little to be excited about and the major averages ended lower today. With three yellow lights and an UpUp situation Prudent Investors may continue to buy high VST-Vector…

Daily Update Tuesday, October 10, 2006

Falling oil prices overrode investors’ anxiety over the start of third-quarter earnings season, pushing stock prices slightly higher today. With three green lights and an UpUp situation Prudent Investors may continue to buy high VST-Vector ‘B’ rated stocks.Aggressive Investors and Traders should play the market to the upside.For those…