Monthly Archive: March 2007

Daily Update Tuesday, March 20, 2007

Although the general expectation is that the Fed will not change interest rates tomorrow, investors bought stocks today on the expectation that the Fed will become more accommodating as time goes by. A 9% rebound in February housing starts also increased investors’ optimism although building permits fell for the…

Daily Update Monday, March 19, 2007

Was today’s rally an extension of March Madness or do investors really believe that the Fed will lower interest rates soon? Whatever the case, we still have three yellow lights and a DnDn situation. Therefore Prudent Investors should remain on the sidelines. Aggressive Investors and Traders…

A Changing Market.

Although the Price of the VectorVest Composite fell 26 cents from last week to $28.50 per share, it still remains 49 cents above its March 5th low price of $28.01 per share. I will not feel comfortable that we have seen the bottom of this downturn until the Price of the…

Daily Update Thursday, March 15, 2007

Moderating concerns of subprime contagion gave the Bulls enough courage today to drive stock prices modestly higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to…

Daily Update Wednesday, March 14, 2007

The major averages ended higher today after a volatile session. However, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.For those of you who are “Riding the…

Daily Update Tuesday, March 13, 2007

Fortified by concerns of weak retail sales and sub-prime mortgage worries, the Bears resumed control of Wall Street today sending stock prices sharply lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should…

Daily Update Monday, March 12, 2007

The Bulls and Bears slugged it out in early trading today with the Bulls getting the upper hand later in the day. With one green light and an UpDn situation, we certainly have a mixed situation indicating that caution is still advised. Therefore Prudent Investors should remain on…

Calling a Bottom.

Even though we received a C/Dn signal last Tuesday, the Primary Wave changed today from from Dn to Up. The C/Dn signal means that a confirmed down signal was given last Tuesday because the Price of the V V C moved lower week-over-week for two consecutive weeks and the Buy/Sell Ratio,…