Monthly Archive: April 2008

Daily Update Wednesday, April 30, 2008

As expected, The Fed lowered the Fed Funds rate 0.25 percent today, sending stock prices higher — for a while anyway; then stock prices moved lower as it appears The Fed may be done lowering rates for a while. With two green lights and an UpUp situation Prudent Investors…

Daily Update Tuesday, April 29, 2008

After a disappointing reading on Consumer Sentiment, investors traded with caution today ahead of the Federal Reserve’s decision on interest rates tomorrow causing the Major Indices to end the day mixed. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases. Aggressive…

Daily Update Monday, April 28, 2008

Stocks traded on relatively light volume on a quiet news day today. Although the Major Indexes were mixed, the Price of the VVC managed to show a four cent per share gain and closed at $28.07. It needs to go above $28.20 to break through the recent resistance level….

Blyar’s Bottom Feeders/Bmb.

Our Bear Market rally survived a weird week of trading and another avalanche of bad economic news as the Price of the VectorVest Composite managed to rise $0.02 per share from last week’s close of $28.01 per share. It has now gone up five of the last six weeks from the…

Daily Update Thursday, April 24, 2008

After being in the red for most of the morning, the Major Indexes came back to end the day higher as bargain hunters returned to the market. However, after the market closed, Microsoft reported a negative outlook for the June quarter, sending stocks lower in afterhours trading. Nevertheless, with…

Daily Update Wednesday, April 23, 2008

Although all of the Major Indices showed gains today, tremendous rotation was taking place on the trading floors. Profits were taken from top VST stocks, while traders went after low-priced laggards. I don’t know how long this trend will continue, but the bottom line is that the Price of…

Daily Update Tuesday, April 22, 2008

The Bears had the upper hand today as the market continues to digest the large gains from last week’s rally. With three yellow lights and an UpUp situation Prudent Investors should use caution when buying stocks at this time. Aggressive Investors and Traders should play the market to…

Daily Update Monday, April 21, 2008

Stock prices moved up and down in choppy trading throughout the day and finally made a positive run in late trading. Overall, the Price of the VVC went down one cent, while the NASDAQ was the only gainer in the Major Indexes. With three yellow lights and an UpUp…