Monthly Archive: July 2007

Daily Update Tuesday, July 31, 2007

Investors experienced a brutal reversal today as stock prices soared in early trading and reversed sharply in the afternoon. With two red 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…

Daily Update Monday, July 30, 2007

Bargain hunters entered the market today moving stocks higher, but confidence has not risen to the point yet that anybody has sounded the all-clear. Therefore Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops with a…

Tomorrow’s Paper.

With the Buy/Sell Ratio below 1.00, a C/Dn signal was given on Thursday when the Price of the VectorVest Composite fell for the second consecutive week. Most of the attendees here at the San Francisco MoneyShow were totally unprepared for this downturn and don’t even want to hear about it. They…

Daily Update Thursday, July 26, 2007

The Bears took over Wall Street again today as investors continued to worry about the mortgage and corporate lending markets sending stock prices sharply lower. With three red lights and a Confirmed Down situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…

Daily Update Wednesday, July 25, 2007

Stock prices bounced back today with the major averages moving higher and the Price of the VVC moving down slightly. With two red 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…

Daily Update Tuesday, July 24, 2007

The Bears took over Wall Street today citing subprime concerns, a bottomless housing market and weak earnings reports to send 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 play the market to…

Daily Update Monday, July 23, 2007

Bargain hunters along with the usual Monday morning M&A activity gave stock prices an early boost today, but for the most part the rally petered out. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…

The Bottom Line.

The Price of the VectorVest Composite fell sharply today, causing it to go down on a week to week basis and turning the Primary Wave to a Dn mode. Is this the beginning of another nasty July sell-off? I don’t know, but I wouldn’t bet against it. The Price of the…