Monthly Archive: August 2007

Ka-Ching China.

While I feel like I should have made a lot of money this week, I didn’t. Tuesday’s losses were too much to overcome. Even the Price of the VectorVest Composite couldn’t show a gain for the week. So the Primary Wave is Dn. Will the heavy hitters who return from the…

Daily Update Thursday, August 30, 2007

Expectations that Dr. Ben would say something nice about lowering interest rates tomorrow faded as the day went on. Now it is widely believed that he will give us no hint as to what he is likely to do. So a disappointment may not be all that disappointing. With…

Daily Update Wednesday, August 29, 2007

Hope springs eternal. Visions of a rate cut prompted bargain hunters to buy stocks with a vengeance today, nearly recovering all of yesterday’s losses. While betting on a wing and a prayer is very exciting, it’s not the basis for sound portfolio management. With three yellow lights and a…

Daily Update Tuesday, August 28, 2007

A scary report of the steepest drop in housing prices in twenty years, a drop in consumer confidence and an indication that the Fed is not about to lower interest rates soon sent stock prices plunging lower today. With three red lights and a DnDn situation Prudent Investors should…

Daily Update Monday, August 27, 2007

Weak existing home sales data sobered investors today causing them to take profits. With a down day and three yellow lights Prudent Investors may still buy high VST-Vector, ‘B’ rated stocks, but extra caution is advised.Aggressive Investors and Traders should play the market with a bias to the upside,…

Show.

Stock prices rose four out of five days this week and the Price of the VectorVest Composite gained $0.80 per share, giving the Primary Wave an Up designation. Although the Price of the VVC has not yet gone above its August 8th close of $29.74, the MTI hit a rally high…

Daily Update Thursday, August 23, 2007

After four straight up days, profit takers stepped in and pulled stock prices slightly lower today. Nevertheless, the Primary Wave is still in Up mode and we expect the rally to continue Prudent Investors may buy high VST-Vector, ‘B’ rated stocks, but caution is still advised.Aggressive Investors and Traders…

Daily Update Wednesday, August 22, 2007

With a growing sense of confidence and the announcement of renewed M&A activity, investors pushed stock prices sharply higher today. With the extension of the rally from last Thursday’s bottom Prudent Investors may buy high VST-Vector, ‘B’ rated stocks, but caution is still advised.Aggressive Investors and Traders should play…