The takeover of Schering-Plough by Merck could not sustain the market’s early rally today as concerned investors drove stock prices lower, causing the NASDAQ to close at its lowest level since October 2002. With two red lights, a DnDn situation and an extremely oversold market Prudent Investors should not…
Research Team is to develop simple, yet effective end-of-day trading systems that are easy to use. In this regard, we have introduced a variety of strategies, concepts and ideas over the years that performed reasonably well. But I can’t say that we have ever released a full-fledged, honest-to-goodness, trading system….
Continuing fears over the fate of the banking sector and worries about the potential demise of GM drove stock prices sharply lower today, causing the NASDAQ to close below the 1,300 level for the first time since November 21, 2008. With three red lights, a DnDn situation and the…
After a five-day losing streak, the news of an economic stimulus package in China pushed commodity prices higher and gave investors a reason to buy today driving stock prices higher. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…
Stock prices moved up and down in choppy trading throughout the day, finally ending in the red. With three red lights, a DnDn situation and the market grossly oversold Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside, knowing…
Mr. Warren Buffett’s weekend comment “that the economy will be in shambles throughout 2009 – and, for that matter, probably well beyond…,” news of a $61.7 billion quarterly loss by AIG and continued woes over the health of the banking sector sent stock prices plunging today and the Mighty…