Monthly Archive: February 2009

Rare Birds.

The Price of the VectorVest Composite has now fallen seven of the last eight weeks and is down $3.59 per share from the recent high of $19.33 set on January 6, 2009. But do not despair. The Price of the V V C is still $0.32 above the November 20, 2008…

Daily Update Thursday, February 26, 2009

Despite dismal economic news, stocks opened to the upside on hopes of improvements in the banking sector, but President Obama buried the Bulls with his budget announcement, sending stocks sharply lower. With three red lights, a DnDn situation and dismal news from Dell, we expect the market to go…

Daily Update Wednesday, February 25, 2009

There was no Obama bounce today as profit takers moved in at the open and gloomy home sales data and banking sector woes sent stock prices lower. With three red lights, a DnDn situation and uncertainty in the air Prudent Investors should remain on the sidelines.Aggressive Investors and Traders…

Daily Update Tuesday, February 24, 2009

Bargain hunters pushed stock prices higher at the open today, but Fed Chairman Ben Bernanke triggered a rousing rally by suggesting that the recession could end this year and the government isn’t planning on nationalizing banks. With three yellow lights, a DnDn situation and the assumption that stock…

Daily Update Monday, February 23, 2009

Stock prices opened higher today but turned lower as investor confidence slid down the slippery slope of hope. The Major Indexes closed at levels not seen since 1997. With three red lights, a DnDn situation and a terribly oversold market Prudent Investors should not buy stocks at this time.Aggressive…

How to Set the Right Stop-Loss Percent.

The bad news is that the Price of the VectorVest Composite fell four straight days this week to close at $16.37 per share, its lowest level since 12/01/08. And therein lies the good news. Although the Mighty Dow closed lower than the November 20th low, neither the NASDAQ Composite nor the…

Daily Update Thursday, February 19, 2009

Continued worries over the economy and the banking sector pushed the Dow to its lowest level since October 2002. With two red lights, a DnDn situation and assuming the market continues to move lower tomorrow Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Wednesday, February 18, 2009

The Major Indexes ended the day relatively unchanged as investors digested gloomy economic data and President Obama’s plan to help struggling home owners. With three red lights, a DnDn situation and assuming the market continues to move lower tomorrow Prudent Investors should not buy stocks at this time.Aggressive Investors…