Monthly Archive: May 2009

Daily Update Monday, May 18, 2009

Renewed confidence in the housing and banking areas gave investors a reason to buy today, sending stock price sharply higher. With two green lights, a DnUp situation and the likelihood that the Primary Wave will turn to Up tomorrow Prudent Investors should not buy stocks at this time,…

Thank You From Las Vegas.

The Price of the VectorVest Composite fell on a Friday to Friday basis this week for the first time in 10 weeks. It is interesting to note that last Friday’s closing Price of $19.57 per share marked the high point of the extraordinary rally from the March 9th bottom. This Price…

Daily Update Thursday, May 14, 2009

Investors snagged up beaten down financial and retail stocks today pushing stock prices modestly higher. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it…

Daily Update Wednesday, May 13, 2009

A weak Retail Sales report and a jump in foreclosures sent stock prices plummeting today causing the Mighty Dow to lose more than 180 points. With three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and…

Daily Update Tuesday, May 12, 2009

Investors were weary today causing stock prices to end mixed in a volatile day of trading. With one green light, 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 play the…

Daily Update Monday, May 11, 2009

Losses in the financial sector caused investors to take a break today sending stock prices sharply lower. With three yellow lights, an UpUp situation and the market looking toppy Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive Investors and Traders should play the…

The VectorVest Ratchet Stop.

was a 50% Gain or 30% Loss. I found that I liked the 50% Gain, but I became increasingly uncomfortable with the 30% Loss. Some of these stocks, such as ALTI, soared early on but came down sharply shortly thereafter. I didn’t like that. Why should I be using a…

Daily Update Thursday, May 7, 2009

Profit taking and a poor a Treasury bond auction caused investors to sell stocks today, sending prices sharply lower. With three yellow lights, an UpUp situation and the rally appearing to have stalled Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market…