The Bulls tried to push stock prices higher in early trading today, but the Bears finally took over pushing prices lower. The good news is that the Price of the VectorVest Composite is still higher than the low point reached on January 22nd. Nevertheless, the Color Guard is Bearish….
A dismal report from the Institute for Supply Management showed that business activity in non-manufacturing services contracted sharply in January and sent stock prices tumbling today. Some observers feel that this is the straw that broke the camel’s back and are now hoping for another rate cut from the…
Financial stocks were hit today as some brokers recommended that bank stocks be sold due to a slower economy. Bargain hunting was also prevalent, sending stock prices lower. With three yellow lights and an UpDn situation Prudent Investors should buy high VST-Vector stocks when the market shows signs of…
section also said the Model Portfolio was long with “high volume ETFs.” Why did we go long with ETFs and why did we pick XLF, SPY, QQQQ, and IWM? We chose to go long with ETFS because, at that stage of the rebound, we wanted to play the market instead…