Just like clockwork, the market rebounded strongly on Tuesday and Wednesday then digested its gains on Thursday and Friday. The Price of the VectorVest Composite closed at $29.66 per share today, up $0.62 from last week. We received our first Primary Wave Up signal on Thursday and the emergence of a…
After two days of sharp advances, dismal economic data and profit taking pushed the Major Indexes lower early in the day. However, investors’ anticipation of an interest rate cut by the Fed next week caused them to end the day moderately higher. With three yellow lights and an UpDn…
Although the economic news released today was bleak, stock prices soared after the Federal Reserve hinted to investors that the central bank may lower interest rates again. Assuming the market continues to rally Prudent Investors may buy stocks at this time.Aggressive Investors and Traders should play the market to…
A $7.5 billion cash infusion from Abu Dhabi into Citigroup sparked a broad rally on Wall Street today. Although we still have a DnDn situation, the Primary Wave could easily move up tomorrow. With that in mind Prudent Investors should get their shopping lists ready.Aggressive Investors and Traders should…
After an opening rally based on strong retail sales over the holiday weekend, stock prices turned to the downside and fell sharply lower in late trading on new credit concerns. With three red lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks…
section, we said “While the MTI and RT matched their August 16th lows, the BSR still has not done so by closing at 0.15 versus 0.10 on August 16th and the Price of the VVC has also not matched the August 16th low. Therefore, there still may be some room…
Continued fears of subprime problems, the credit crunch, high oil prices, etc. pushed stock prices lower again today. While the MTI and RT matched their August 16th lows, the BSR still has not done so by closing at 0.15 versus 0.10 on August 16th and the Price of the…
After an extremely volatile day and hints from the Fed that they may lower interest rates again, the market closed modestly higher. There is a sense that a bottom is developing here. Although we have three yellow lights and a DnDn situation Prudent Investors should get their shopping lists…