Monthly Archive: June 2009

Daily Update Thursday, June 18, 2009

Positive economic data broke a three-day losing streak today sending stock prices slightly 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 with a bias to the…

Daily Update Wednesday, June 17, 2009

A forecast warning from FedEx and several downgrades of bank ratings renewed investors concerns over the health of the economy today pushing stock prices slightly lower. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive…

Daily Update Tuesday, June 16, 2009

A disappointing report from Best Buy along with mixed economic data caused investors to sell stocks today pushing the Major Indexes modestly lower. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders…

Daily Update Monday, June 15, 2009

A strong dollar and falling commodities moved stock prices sharply lower today. With one red light and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to the downside.We are…

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Daily Update Thursday, June 11, 2009

A positive Retail Sales reading along with a better-than-expected jobless report sent stock prices modestly higher today. With one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market with a bias to the upside.We…

Daily Update Wednesday, June 10, 2009

Concerns over rising interest rates sent stock prices modestly lower today. With three yellow lights, an UpUp situation and the rally appearing to have stalled Prudent Investors should use caution when buying stocks at this time. Aggressive Investors and Traders should play the market up or down as…

Daily Update Tuesday, June 9, 2009

In another day of choppy trading, positive news from Texas Instruments boosted the technology sector today, but the gains were not enough and the Major Indexes ended the day mixed. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy…