Monthly Archive: April 2009

Daily Update Thursday, April 30, 2009

After being in positive territory most of the day, the Major Indexes ended mixed as news that Chrysler filed for bankruptcy protection had investors taking profits. With three yellow lights, an UpUp situation and the presumption that the rally will resume tomorrow Prudent Investors may continue to buy…

Daily Update Wednesday, April 29, 2009

A weaker than expected GDP report did not deter investors today as further signs of a recovering economy continued to emerge. Confirming comments from the Fed sparked a major rally in the afternoon, sending stock prices sharply higher. With three green lights, an UpUp situation and the Bulls back…

Daily Update Tuesday, April 28, 2009

In a choppy day of trading, uncertainties over the financial sector offset encouraging economic data causing stock prices to end slightly lower. Although we have two green lights and an UpUp situation, the rally is looking weary. Therefore Prudent Investors may continue to buy high VST-Vector, ‘B’ rated stocks…

Daily Update Monday, April 27, 2009

Stock prices had another miserable Monday today whether it was due to the swine flu or whatever. With three yellow lights, an UpUp situation and the market looking toppy again Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive Investors and Traders should…

Digging for Gold With Stock Viewer.

The Price of the VectorVest Composite just completed its seventh consecutive week of gains. This hasn’t happened since the run from 12/12/03 to 01/23/04, more than five years ago. Nevertheless, signs of weariness continue to appear. The MTI hit 1.71 last Friday and the market tanked on Monday. It was no…

Daily Update Thursday, April 23, 2009

In a volatile day of trading, better-than-expected earnings reports from several banks compensated for some gloomy economic data, pushing stock prices higher by day’s end. However, with three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive…

Daily Update Wednesday, April 22, 2009

Uninspiring earnings reports from Morgan Stanley and Capital One pulled down the financial sector today causing the Major Indexes to close mixed. With one green light, an UpUp situation and the market looking toppy Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive…

Daily Update Tuesday, April 21, 2009

Reassurance from the Treasury Secretary concerning bank balance sheets sparked a major rally today driving stock prices sharply higher. With three green lights, an UpUp situation and the rally regaining momentum Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market…