Monthly Archive: March 2007

The Bush/Bernanke Market.

How capricious can this market be? It started to go up right after we got a Confirmed Down signal, now it has started to go down just as we received a Confirmed Up signal. Fortunately, we didn’t put much faith into the sucker rally, so little harm was done. Now we…

Daily Update Thursday, March 29, 2007

Although the market opened and closed to the upside, stock prices were under water most of the time. An upward revision in fourth quarter GDP was offset in large part by an increase of crude oil prices to $66 a barrel. So while the Bulls and the Bears continue…

Daily Update Wednesday, March 28, 2007

The Bulls got a lot of bad news today when oil prices hit $64 a barrel, Durable Goods Orders were weak in February and Dr. Ben Bernanke’s assurance that there would be no interest rate hikes coming soon. Stock prices were below water all day long. Given this situation…

Daily Update Tuesday, March 27, 2007

A drop in the Conference Board’s Consumer Confidence Index rattled investors today sending stock prices somewhat lower. Given this situation Prudent Investors should buy stocks only if the market moves sharply higher tomorrow.Aggressive Investors and Traders should play the market with a bias to the upside recognizing that…

Daily Update Monday, March 26, 2007

Stock prices moved sharply lower this morning on news of weak new home sales in February and a rise in inventories to sixteen-year highs. Prices however bounced back during most of the day to end narrowly mixed. Given this situation Prudent Investors may continue to buy high VST-Vector,…

Unfinished Business.

The Price of VectorVest Composite went up every day this week for a total gain of $0.96 per share. This is the largest weekly gain since July 28, 2006 when stock prices began their long rally from the July 21, 2006 low to the February 22nd high. Are we now off…

Daily Update Thursday, March 22, 2007

Although the major averages were mixed, the Price of the VVC moved modestly higher today. Given that the market did not pull back today Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market to the upside.For those…

Daily Update Wednesday, March 21, 2007

Although the Fed left interest rates unchanged, a move to a more balanced stance on monetary policy was enough to drive stock prices sharply higher today. Historically, this posture has been enough to allow stock prices to move higher over a sustainable period of time. Given this situation and…