Monthly Archive: January 2007

Topping Out.

The Price of the VectorVest Composite fell from last Friday to flip the Primary Wave from Up to Dn. It now stands at $28.53 cents per share, the same as it was on December 27, 2006. During this same period, the BSR has fallen 0.39 points to the current level of…

Daily Update Thursday, January 18, 2007

It was a strange day on Wall Street today. What seemed to be good economic data turned investors negative as they saw any possibility of an interest rate decrease disappear. Moreover, Apple’s weak business forecast and Dr. Bernanke’s warning to Congress sent the Bulls scrambling. With three yellow lights…

Daily Update Wednesday, January 17, 2007

Stock prices closed modestly lower today on a mixed bag of earnings and economic data. Nevertheless, we are going to remain patient to see whether the market is going to extend the rally it started last week. Therefore Prudent Investors should continue to have their shopping lists ready….

Daily Update Tuesday, January 16, 2007

Although the Mighty Dow closed at another record high today, NASDAQ stocks closed slightly to the downside. With the market still in an UpUp situation Prudent Investors should continue to have their shopping lists ready. Aggressive Investors and Traders should play the market with a…

Earnings Season.

After a big drop last Friday, the Price of the VectorVest Composite went up every day this week. To be sure, the gains on Monday through Wednesday were miniscule, but a crash in oil prices on Thursday triggered a nice rally. The Primary Wave is Up again and it appears that…

Daily Update Thursday, January 11, 2007

Bargain hunters pushed stock prices higher today with the DJIA closing at an all-time high. Although the Price of the VVC moved higher from last week by one cent, it’s too early to tell whether today’s rally will lead to a sustainable uptrend or if it is just a…

Daily Update Wednesday, January 10, 2007

Lower oil prices and signs of a tech rally brought buyers back into the market today, but the rally was modest at best. Given the current situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.For…

Daily Update Tuesday, January 9, 2007

The markets closed mixed today as traders assessed the affect of falling oil prices against concerns of potentially slowing profit growth. Given the current market situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias…