After an encouraging rally on Monday, the Price of the VectorVest Composite, VVC, fell four straight days to close the week at $26.83 per share for an overall loss of $1.20 per share. The Price of the VVC has now dropped 14.6% from the July 13th high of $31.44 per share….
A steep decline in manufacturing activity and housing starts spurred fresh concerns about the turmoil in the financial market and a slowing economy pushing stock prices and the Major Indices sharply lower today. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this…
Economic concerns continued to weigh on investors’ minds today causing stock prices and the Major Indices to end the day lower. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside. For…
A bruising fourth quarter report from Citigroup and weaker-than-expected Retail Sales for December triggered a major sell-off today sending stock prices sharply lower. While we didn’t think it was likely to happen, the VectorVest Composite support level of $28.01 per share was shattered by a wide margin as it…
Good news from IBM triggered a higher opening today and stock prices proceeded to close even higher at the end of the day. This bodes well for the rebound we have been anticipating. Please note that it is highly likely that the Primary Wave will give us an Up…
Was today’s sell-off the final flush? Although the Price of the VectorVest Composite traveled a total distance of $1.12 this week, it closed down only $0.40 from last Friday’s close. Moreover, at $28.03 per share, it still has not fallen below the March 5th low of $28.01 per share, forming a…
The Price of the VVC closed higher again today primarily due to Dr. Bernanke’s promises to do what is necessary to protect the economy, and rumors that Bank of America is in talks to buy Countrywide Financial. With the Price of the VVC closing at $28.38 today, it only…
Although the Major Indexes opened to the upside today, the Price of the VVC actually opened to the downside. It moved modestly lower into the midday and bottomed at approximately 2 15PM, down $0.43. From that point on, it soared to $28.17 for a fifteen cent gain. This reversal…