Monthly Archive: August 2008

Daily Update Thursday, August 7, 2008

Weak economic data, news that AIG reported its third quarterly loss, rising oil prices and disappointing sales at Wal-Mart plagued the market today sending stock prices sharply lower. Given the severity of today’s downturn, three red lights and a DnDn situation Prudent Investors should protect profits and not buy…

Daily Update Wednesday, August 6, 2008

Although the Major Indexes started the day in the red, a positive earnings report from Cisco Systems and oil prices falling for the third consecutive day were all the Bulls needed to push stock prices modestly higher. With the Price of the VVC moving higher for two consecutive days,…

Daily Update Tuesday, August 5, 2008

News that the Fed left the Fed Funds rate unchanged along with better-than-expected ISM data and falling oil prices gave the Bulls full control of the market today pushing stock prices sharply higher. With one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated…

Daily Update Monday, August 4, 2008

Despite falling oil prices, renewed inflation concerns after the Commerce Department’s report on personal spending caused investors to sell stocks today sending prices sharply lower. With the Price of the VVC falling a whopping forty cents per share, one red light and an UpDn situation Prudent Investors should…

A Great Try.

The Price of the VectorVest Composite has now gone up for the third consecutive Friday from July 11th and that’s good. But the rally has had a messy time of it since hitting an interim high of $26.39 on Wednesday, July 23rd. Since then, there have been four down days of…