Monthly Archive: August 2008

Cash Machine.

Yes, the Price of the VectorVest Composite hit a new rally high, $26.75 per share, yesterday and it also went up from last Friday, but it certainly did not hit the cover off the ball. It’s up one cent from last week, so we need to be careful here. Moreover, the…

Daily Update Thursday, August 28, 2008

A better-than-expected GDP report and a drop in jobless claims sparked a sharp rally today sending stock prices briskly higher for the third straight trading session. Once again, trading volume was light, but this is not unexpected considering that it is the end of August and the heavy hitters…

Daily Update Wednesday, August 27, 2008

A strong Durable Goods report encouraged investors’ to buy today driving stock prices higher. Although the Color Guard is mildly Bullish, this is not the time to bet the farm on a sustainable rally. Trading volume is light and we continue to have an UpDn situation. Therefore Prudent…

Daily Update Tuesday, August 26, 2008

Strength from the energy sector and mixed economic data drove stock prices slightly higher on a choppy, slow summer day. With three yellow lights and an UpDn situation Prudent Investors should get their shopping lists ready.Aggressive Investors and Traders should play the market up or down as it…

Daily Update Monday, August 25, 2008

Continued concerns over the financial sector weighed on investors’ minds today sending stock prices sharply lower, erasing all of Friday’s gains. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For…

Ease the Pain.

After rising for five consecutive weeks that belied the intra-week volatility of the market, the Price of the VectorVest Composite fell $0.13 per share on a Friday-to-Friday basis. Has the rally from the July 15th bottom ended? I would say yes, but today’s rally suggests that the direction of stock prices…

Daily Update Thursday, August 21, 2008

The Major Indexes closed mixed, but well off their session lows, as a bullish analyst call on Lehman Brothers minimized the effect of higher oil prices. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should…

Daily Update Wednesday, August 20, 2008

A bullish prediction by Goldman Sachs Group triggered a commodities rally driving stock prices modestly higher in a more or less an erratic fashion. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the…