Stock prices moved modestly higher today primarily on the basis of some happy talk by a Fed official. 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…
My expectation of a strong open on Wednesday was correct, but my fear of a soft market appears to have materialized much sooner than I had expected. Even after Wednesday’s strong open, the Price of the VectorVest Composite fell on a week-to-week basis to put the Primary Wave into a Dn…
Although the major averages closed higher today, especially the NASDAQ on the strength of large-cap tech stocks, the Price of the VVC was unchanged from yesterday. Given the current situation Prudent Investors should remain cautious when buying stocks at this time.Aggressive Investors and Traders should play the market up…
What started out as a nice rally this morning turned out to be an ugly day as the minutes of the Fed’s last meeting revealed a continued fear of inflation. With three yellow lights and a DnUp situation Prudent Investors should be cautious at this time.Aggressive Investors and Traders…