A negative FedEx earnings report, continued credit crunch concerns and a blip in oil prices pummeled stock prices today as the Mighty Dow traded at a three-month low. With three yellow lights and an UpDn situation Prudent Investors should use caution when buying stocks at this time. Aggressive Investors…
Stock prices moved lower today as the Producer Price Index soared 1.4% in May while the number of new housing starts and industrial production faltered. With one red light and an UpDn situation Prudent Investors should use caution when buying stocks at this time. Aggressive Investors and Traders…
Although wildly fluctuating oil prices spooked investors most of the day, the Price of the VVC rose a healthy sixteen cents per share today with financial stocks and tech stocks leading the way. With three yellow lights and a DnDn situation Prudent Investors should use caution when buying…
We received a Confirmed Down, C/Dn, signal on Wednesday and the Price of the VectorVest Composite has now gone down, week-over-week, for the second consecutive week and for the third time in the last four weeks. Today’s rally notwithstanding, there’s plenty of evidence that a sustainable downtrend is underway. So don’t…
Stock prices rose sharply at the open on better than expected retail sales for May, but pulled back in afternoon trading as oil prices moved higher. With three yellow lights and a DnDn situation Prudent Investors should protect profits and not…
Stock prices sank as oil prices soared today and the C/Dn signal arrived exactly as expected. With three red lights and a C/Dn signal Prudent Investors should protect profits and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.For those…
The major averages closed mixed today as wildly volatile oil prices and a double talking Fed did little for stock prices. The Price of the VectorVest Composite fell 21 cents per share, giving us another three red light, DnDn situation. A down day tomorrow will give us a C/Dn…
Stock prices took a roller coaster ride today, sending all of our key trend indicators, the RT, BSR and MTI, below 1.00 and setting up the likelihood of a Confirmed Down signal on Wednesday. With three red lights and a DnDn situation Prudent Investors should protect profits and not…