Paulson’s alleged proposal for the ultimate subprime bailout sent stock prices skyrocketing today in the last hour of trading. Even so, we still have three yellow lights and a DnDn situation. The Price of the VVC would have to go up $0.69 tomorrow to turn the Primary Wave to…

The $85 billion loan to AIG failed to calm the market today as stock prices plunged in the midst of frozen credit lines and investors’ fleeing to the safety of Treasury fixed income securities. The Price of the VVC has now fallen to three year lows which may or…

Concerns over the fate of AIG caused the market to start the day off in the red; however news that the Fed will leave interests rates unchanged and the possibility of a cash injection into AIG managed to push stock prices modestly higher at the close. With three yellow…

A wicked weekend on Wall Street, with Lehman Brothers going into bankruptcy, Merrill Lynch being bought by Bank of America and AIG struggling for survival sent stock prices plunging today and the Mighty Dow fell over 500 points. Although the support level that we had talked about recently was…

Concerns over Lehman Brothers caused stock prices to move lower in early trading today. However, a late afternoon rally spurred investors to jump in and buy some big name financial companies sending stock prices slightly higher. Although the market gapped lower at the open today, it closed at its…

In a volatile day of trading, bargain hunters stepped in to snag up beaten down energy and material companies driving stock prices modestly higher. It appears that the July 15th support level held up today, so we may have seen the bottom of this downturn. Nevertheless, with three yellow…

New concerns over the stability of Lehman Brothers rattled investors today sending stock prices sharply lower. At $25.04 per share, the Price of the VVC is now below the July 15th low which was considered to be a major support level. Therefore, it is important to see whether stocks…