The power of lower interest rates was evident today as stock prices moved higher despite a plethora of poor economic data. Given the strength of today’s move Prudent Investors may selectively buy high VST, high RS stocks. Aggressive Investors and Traders should play the market to the upside….
The Fed lowered interest rates by 50 basis points and as expected stock prices rose sharply, then they began to fall even more sharply and the Major Averages ended the day in the red. This is not good news of course, but it doesn’t mean that the rally has…
Stocks prices moved steadily higher today in anticipation of the Fed’s decision on interest rates which they will announce tomorrow. This decision, whether they lower the target rate on Fed Funds by 25 basis points or 50, will determine whether this rally continues or not. Given this point of…
Bad news on New Home Sales and dreams of another Fed interest rate cut caused investors to drive stock prices higher today. With three yellow lights and an UpDn situation Prudent Investors may selectively buy high VST, high RS stocks at this time.Aggressive Investors and Traders should play…
Dr. Ben finally woke up and cut interest rates last Tuesday and reversed a vicious world-wide sell-off in stock prices. The Price of the VectorVest Composite, VVC, rose $0.27 for the week, turning the Primary Wave from Dn to Up. Although I am disappointed in today’s action, I remain hopeful that…
After a choppy start, stock prices moved steadily higher on news of a bipartisan economic Bush/Pelosi stimulus package. With three yellow lights and an UpDn situation Prudent Investors may buy some high VST, high RS stocks at this time.Aggressive Investors and Traders should play the market to the upside….
Stock prices opened lower today and continued to move lower in early trading, but then started to slowly recover and took off later in the day due to a report of action to help bond insurers especially MBIA and Ambac. While today’s rebound is typical of bear market rallies,…
In concert with stock prices in global markets that had crashed for the second straight day, stock prices in the U.S. market opened sharply lower. They recovered most of their losses, however primarily due to a 0.75% interest rate decrease by the Fed. While most analysts and commentators feel…