Although trading was light, the Bulls managed to have a good day on Wall Street, causing stock prices to end higher on the last of the year. With one green light and an UpUp situation Prudent Investors may go bargain hunting and bottom-fishing.Aggressive Investors and Traders should play…
Investors shrugged off a dismal Consumer Confidence report and reacted positively to news of the government’s $5 billion investment in GMAC, driving stock prices sharply higher today. With one green light and an UpDn situation Prudent Investors should use caution when buying stocks at this time.Aggressive Investors and…
With the collapse of the Dow Chemical/Kuwait petro-chemical deal, the market started off on the wrong foot this morning. Although oil prices moved sharply higher on tensions in the Middle East, stock prices closed well off their lows for the day. With one red light and a DnDn situation…
So where’s Santa? The Price of the VectorVest Composite rallied 20% up from its November 20, 2008 low of $15.42 to a peak of $18.50 per share on December 17, 2008. It has drifted lower since then and closed today at $17.97, down $0.25 from last Friday. History tells us that…
Reports of further decreases in Existing Home Sales and average prices along with concerns over consumer spending spoiled a promising opening to the upside for today’s trading session. With three yellow lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at…
Disappointing reports from Toyota Motors and Walgreens chilled investors today driving stock prices modestly lower. With three yellow lights, an UpUp situation and presuming that stock prices rebound tomorrow Prudent Investors should use caution when buying stocks at this time.Aggressive Investors and Traders should play the market with…
The Price of the VectorVest Composite gave a preliminary signal of a sustainable uptrend on Tuesday by rising week-over-week for two consecutive Tuesdays. It’s been a bumpy ride since then, but the Buy/Sell Ratio, BSR, hit an 11-week high of 0.21 on Wednesday, 12/17/08. So the Canary is breathing new life…
Bad news in the energy sector plus a negative outlook on General Electric sent stock prices tumbling in afternoon trading today. With three yellow lights, an UpUp situation and the assumption that prices will rebound tomorrow Prudent Investors may continue to go bargain hunting and bottom-fishing, but caution…