Stock prices ended the year lower today, but in several ways it was a strange day. The market moved lower into the lunch hour, rallied into the late afternoon and then pulled back. At the same time, investors were taking profits on the winners and bottom-fishing on the losers…
Although the Price of the VectorVest Composite managed to go up three out of four days this week, a big, bad drop on Thursday pulled it to a net down for the week. So the Primary Wave is Down and the rally from the December 17th low may be in jeopardy….
Investors were overwhelmed by bad news today with an assassination in Pakistan, disappointing economic news and dire warnings from Goldman Sachs regarding further subprime losses and therefore not in a stock buying mood. With three yellow lights and an UpDn situation Prudent Investors should move to the sidelines for…
Although some selected stocks did very well today and the Price of the VVC did go up, the broad market was held back by another reduction in home sale prices and a somewhat disappointing Retail Sales report for the Christmas season. Given one green light and an UpDn situation,…
Santa paid a visit to Wall Street today leaving a bag full of higher prices under the tree for investors to enjoy for Christmas. With our indicators moving nicely higher Prudent Investors may buy high VST, “B” rated stocks long.Aggressive Investors and Traders should play the market to the…
It took about a week, but it appears that the market has shaken off the “Bernanke Blues.” Now if he and his fellow stumblebums stay out the way for a while, this market has a chance of putting together a sustainable rally. I emphasize sustainable, i.e., eight to twelve weeks, because…
An outstanding earnings report from Oracle Corp boosted technology stocks today although the financial stocks continued to be battered by subprime woes. With the Price of the VVC and its associated indicators moving higher today from an oversold condition, investors should look forward to the continuation of this rebound….
It was another volatile up and down day on Wall Street, but the Major Indexes ended mixed with NASDAQ ending slightly higher and the Dow and the S&P ending slightly lower. The good news is the Price of the VVC went up $0.01 per share today and the BSR…