Wall Street took another subprime shock today as a French Bank announced that they were freezing three funds that invested in U.S. subprime mortgages. Obviously this is a treacherous market. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors…
A boffo earnings report from Cisco Systems sparked a major buying spree today on Wall Street sending stock prices sharply higher. This is the kind of rally we were hoping to see to signal the probable end of the downturn. With three yellow lights and an UpDn situation Prudent…
The Fed left interest rates unchanged today and stock prices went down; then they went up as Wall Street spun itself into a positive interpretation of what the Fed had done. With three yellow lights and a DnDn situation Prudent Investors should use caution when buying stocks at this…
The Wall Street brokers and other invested interests did a great job of hyping the market today, pushing financial stocks sharply higher while the generals left the troops behind. The Fed meets tomorrow so it probably will be another volatile day of up and down price moves. With three…
The Price of the VectorVest Composite closed down for the third consecutive week and the downturn seems to be unrelenting. The MTI closed today at 0.54, so we know that the market is oversold. The BSR, which fell like a rock early in this sell-off, is finally below 0.20, so it…
The bargain hunters and the Bulls got braver today and pushed stock prices higher. With three yellow lights and a DnDn situation Prudent Investors should use caution when purchasing stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops.For those of you…
The Bulls and the Bears slugged it out in a rollercoaster up and down day with the Bulls finally getting the upper hand. However, we have three red lights and a DnDn situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…