After another promising open, stock prices pulled back modestly during the day and then fell sharply in late trading. Investors are becoming increasingly concerned over the consequences of the credit crunch and a slowing economy. With the Price of the VVC falling to $28.02 per share, it is now…
Stocks traded in a roller-coaster manner today as investors tried to sort out what is going on. It’s interesting to note that the percentage of buys went up again and the percentage of sells went down although the Price of the VVC went down three cents. It appears that…
At $28.43 per share, the Price of the VectorVest Composite has fallen below the low, $28.59, of 11/26/07 and now seems to be headed for the lows of 03/05/07, $28.01, and 08/16/07, $28.09. If it goes below these levels, there will be big trouble ahead. I hope Bernanke wakes up by…
After a promising open in which the major indices moved higher, prices began to slide around midday and continued to move lower for a mixed close. The market is still experiencing some unusual trading with the percentage of buys and the percentage of sells increasing. This means that traders…
As anticipated, stock prices moved lower today due to higher oil prices and reports showing weakness in manufacturing activity and construction spending. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time and should protect their long positions.Aggressive Investors and Traders should…