Monthly Archive: September 2008

Daily Update Monday, September 8, 2008

Stocks soared today on news that the U.S. government took over mortgage companies Fannie Mae and Freddie Mac pushing the Major Indexes sharply higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…

Cash Machine Part II.

The heavy hitters came back from vacation on Tuesday and bought stocks like crazy…until they began selling them, that is. The Price of the VectorVest Composite closed at $25.58 per share today, down $0.96 per share from last Friday. It has now gone down for the second time in the last…

Daily Update Thursday, September 4, 2008

Weak Retail Sales data and a disappointing jobless claims report caused stock prices to plummet today pushing the Mighty Dow down more than 340 points. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…

Daily Update Wednesday, September 3, 2008

Despite lower oil prices and a positive Factory Orders report, continued economic worries caused stock prices to end the day mixed. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias…

Daily Update Tuesday, September 2, 2008

Although lower oil prices caused the market to open sharply higher today, ongoing economic and financial concerns caused stocks to give back their early gains and end the day modestly lower. With three yellow lights and an UpDn situation Prudent Investors should use caution when buying stocks at…