Despite some weak economic data, investors snapped up financial and technology stocks today, sending the Major Indexes modestly higher. With three yellow lights, a DnDn situation and a rebound possible Prudent Investors should protect profits, but be ready to go bottom-fishing tomorrow if the market moves sharply higher, i.e.,…

Rejection of turnaround plans for automobile makers General Motors and Chrysler, along with weakness in the financial sector, sent stock prices tumbling today. With two red lights and a DnDn situation Prudent Investors should protect profits and not buy stocks at this time.Aggressive Investors and Traders should play the…

Strong demand for Treasury debt along with positive earnings reports gave investors reason to buy today, driving stock prices sharply higher. More importantly, the Price of the VVC moved higher again today and the BSR is now above 1.00, signaling a Confirmed Up situation. Therefore, with three green lights,…

Stock prices opened sharply higher in early trading today, but retracted as the day went on as investors grew nervous on how the government is going to raise money to fund its economic rescue package. However, the Major Indexes were able to recover some of their afternoon losses and…

Profit takers took control of Wall Street today, driving stocks, especially financials, mostly downward. With three yellow lights and an UpUp situation, we should expect the market to rebound tomorrow. Therefore Prudent Investors may continue to go bargain hunting and bottom-fishing if the rally resumes.Aggressive Investors and Traders…

The government’s plan to help banks eject toxic assets and a surprising jump in existing home sales spurred a major rally on Wall Street today, pushing stock prices sharply higher. With one green light, an UpUp situation and bullish sentiment re-ignited Prudent Investors may continue to go bargain…