Growing concerns over the banking sector wreaked havoc on stock prices today, causing the Mighty Dow to lose more than 330 points. With the Price of the VectorVest Composite going down for two consecutive five trading day periods, we have three red lights and a C/Dn signal. Assuming that…
The Price of the VectorVest Composite closed down on a week to week basis for the second consecutive week today, giving a preliminary signal of a sustainable downturn. We would have received a C/Dn signal today had the Price of the V V C gone down today, but it went up,…
Although stock prices opened lower in early trading, bargain hunters moved in around 12 30 PM to move stock prices higher. With three yellow lights, a DnDn situation and assuming that the market resumes its downward path tomorrow Prudent Investors should not buy stocks at this time.Aggressive Investors and…
A very weak Retail Sales report sent stock prices plummeting today causing the Mighty Dow to lose more than 248 points. With three red lights, a DnDn situation and assuming that the market moves downward tomorrow Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should…
Stock prices showed some resilience today, but ended narrowly mixed, while anxiety over earnings and other matters continued to pervade Wall Street. Although all of our indicators showed some improvement today, we still have three yellow lights and a DnDn situation. Therefore Prudent Investors should not buy stocks at…
Stock prices fell sharply today on fears of disappointing lower earnings reports, a huge loss at Citigroup and profit-taking. With three red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.For those of you…
Although we received a Confirmed Up signal yesterday, the Price of the VectorVest Composite moved lower today and closed lower than last Friday. The C/Up signal suggests that a sustained rally is likely. I believe that such a rally is quite possible going into Mr. Obama’s inauguration. However, we are trend…
Disappointing Retail Sales caused stock prices to open lower today, but NASDAQ stocks and the Price of the VVC surged higher in late afternoon trading and we received the long awaited Confirmed Up signal. With three green lights and a C/Up situation Prudent Investors should consider buying top…