Monthly Archive: July 2008

Daily Update Thursday, July 31, 2008

A weak GDP report and a poor jobless claims report pummeled stock prices today causing the Mighty Dow to lose more than 200 points. With three yellow lights and an UpDn situation Prudent Investors should continue to get their shopping lists ready. Aggressive Investors and Traders should play…

Daily Update Wednesday, July 30, 2008

Despite rising oil prices, a positive employment report from ADP and news that the Fed will extend its lending program for banks sparked a late-afternoon rally in the financial sector driving stock prices sharply higher again today. With one green light and an UpDn situation Prudent Investors may…

Daily Update Tuesday, July 29, 2008

A boost in consumer confidence, several better-than-expected earnings reports and falling oil prices allowed the Bulls to take over Wall Street today, driving stock prices sharply higher. With three yellow lights and a DnDn situation Prudent Investors should get their shopping lists of high VST-Vector, ‘B’ rated stocks…

Daily Update Monday, July 28, 2008

Fears of more credit and housing market turmoil, two more bank failures, rising oil prices and a mixed bag of earnings reports gave the Bears full control of the market today sending stock prices sharply lower. With one red light and a DnDn situation Prudent Investors should not…

Making a Quick Killing.

The Price of the VectorVest Composite has now gone up for the second consecutive Friday, giving a preliminary signal of a sustainable upturn. The Buy to Sell Ratio, BSR, needs to go above 1.00 to confirm the upturn. Of course, this is all good news. The bad news is that the…

Daily Update Thursday, July 24, 2008

After two days of advances, a sharp decline in existing home sales data and concerns over the financial sector caused investors’ to take profits off the table today sending stock prices sharply lower. With three yellow lights and an UpDn situation Prudent Investors may continue their bargain-hunting and…

Daily Update Wednesday, July 23, 2008

Yesterday’s rally was extended today as oil prices continued to drop and several companies released better-than-expected earnings reports sending stock prices slightly higher. With one green light and an UpDn situation Prudent Investors may continue their bargain-hunting and bottom-fishing. Aggressive Investors and Traders should play the market to…

Daily Update Tuesday, July 22, 2008

Investors shook off credit crunch concerns as oil prices dropped, pushing stock prices sharply higher in a late afternoon rally. With three yellow lights and an UpDn situation Prudent Investors may continue their bargain-hunting and bottom-fishing. Aggressive Investors and Traders should play the market to the upside.For those…