Although the major averages closed mixed today, more stocks advanced than declined and up volume exceeded down volume. Moreover, the Primary Wave did close, as expected, with an Up signal. Assuming that the rally continues tomorrow Prudent Investors may buy high VST-Vector, ‘B’ rated stocks at this time, but…
Bargain hunters and jittery investors managed to push stock prices modestly higher today. With three yellow lights and a DnDn situation, we are looking to see the Primary Wave move from Dn to Up by the end of the day tomorrow. Therefore Prudent Investors should use caution when making…
Although the Price of the VectorVest Composite fell $0.38 per share from last week, it went up $0.62 per share today. Therefore, we believe yesterday’s price of $28.09 probably marks the closing low point for the current downturn. With the Fed having cut its Discount Rate we’re looking to go long….
The market experienced a major reversal today with the DJIA recovering almost 325 points to the end the day down only 15 points. While this is a good sign and the worst may be over, it’s too early to jump in with both feet. With one red light and…
Credit concerns and liquidity problems ruled the market today as stock prices continue to move 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 the downside.For those of you who are…
Stock prices fell sharply when a high-end mortgage lender said it faced margin calls and liquidity pressures, and a futures broker moved to stop redemptions. Wal-Mart also lowered its guidance on fears of a slowdown in consumer spending. With three red lights and a DnDn situation Prudent Investors should…
The Fed injected more money into the market today to help soothe investors’ jitters about liquidity, and it worked. Investors bought stocks, keeping the major indexes in the green until market close, when investors sold, too nervous to hold the positions overnight. This action sent the major indexes slightly…
To get another view of what the market is doing, take a look at the Market Timing Graph in the Weekly mode. Note that the Price of the VectorVest Composite peaked four weeks ago. However, the steepest decline in Price took place in the week ending July 27. Last week’s decline…