Monthly Archive: December 2007

Daily Update Tuesday, December 18, 2007

Stocks closed higher today after a roller-coaster day of trading. While the market is tremendously oversold, this rebound appears to be nothing more than technical in nature. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines, but get their shopping lists ready.Aggressive Investors…

Daily Update Monday, December 17, 2007

Fears of the global economic slowdown intensified over the weekend causing stock prices to move lower throughout the day. We now have a situation in which the Buy/Sell ratio is lower than it was on its lowest point on November 26th. So now we must wait patiently until it…

Inflation.

The Fed managed to snatch defeat from the jaws of victory this week by totally bungling the announcements of its 25 basis point cut in the Fed Funds rate and of its innovative cash auction program. What should have been a good week for stock prices turned into a nasty sell-off….

Daily Update Thursday, December 13, 2007

Stock prices ended mixed today after moving lower in early trading due to a large increase in wholesale prices, but recovered somewhat in late trading. The good news today was that November Retail Sales were relatively strong prompting some economists to say that a recession is not forthcoming. …

Daily Update Wednesday, December 12, 2007

Stock prices opened sharply higher today on news of the Fed’s plan to improve liquidity; then stocks began to move lower, slowly at first and then sharply in late trading as investors concluded that the plan was too timid to have much positive affect. There is considerable dissatisfaction with…

Daily Update Tuesday, December 11, 2007

Even though the Fed did what most investors had expected by lowering the Fed Funds rate by 0.25 percent, stock prices fell sharply after the announcement because most investors were hoping for a larger decrease. Now it remains to be seen whether this disappointment is only a temporary blip…

Daily Update Monday, December 10, 2007

Stock prices moved moderately higher today in relatively subdued trading, pending the result of tomorrow’s FOMC meeting on monetary policy. It is generally expected that the Fed will cut the Fed Funds rate target by 25 basis points, while a few analysts are cheering for a 50 basis point…

The VectorVest Money Machine.

shown on the Home Page for further guidance.2. SELECT HIGH VST-VECTOR, ‘B’ RATED STOCKS. The top five VST stocks are shown on the Home Page. You may access Stock Viewer for more selections if you wish. Read my essay of 12/03/04, “VectorVest Simple,” for tips on cherry-picking top VST-Vector stocks.3….