After spending most of the day in negative territory, the Major Indexes staged a late-day rally today pushing stock prices just slightly higher. More importantly, the Price of the VVC moved higher again today and the BSR is above 1.00, signaling a Confirmed Up situation. Therefore, with one green…
News that CIT Group will avoid bankruptcy along with more upbeat earnings reports caused the Major Indexes to close sharply higher today. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market to…
to select for the Model Portfolio. I had been watching the V V RealTime Derby and Blyar’s Bottom Feeders/BMB was leading the pack most of the day. At one point it was up as much as 12.9%. However, it was up only 4.22% with 60% winners when we made our…
Even with a strong earnings report from JPMorgan, stock prices marked time until early afternoon when Nouriel Roubini, a notable doomster, said the worst of the financial crisis is over and the recession will end this year. Stock prices rose sharply, thereafter. With three green lights and an UpUp…
Strong earnings results from Intel and a more favorable economic outlook from the Fed sparked a huge rally on Wall Street today, driving stock prices sharply higher. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long if the DJI, SPX,…
Better-than-expected earnings reports offset weak economic data today pushing stock prices modestly higher. With three yellow lights and an UpDn situation Prudent Investors may get their shopping lists ready. Aggressive Investors and Traders should play the market up or down as it develops.We are in cash in the Yellow…
Bullish comments on financial stocks and an upgrade of Goldman Sachs by a well regarded financial analyst boosted the financial sector today, driving stock prices sharply higher. With three yellow lights, a DnDn situation and a counter rally in play Prudent Investors should not buy stocks at this time….
was named “Easy Does It – C/Up” and the sell to go short was named “Easy Does It – C/Dn.” Both are located in a UniSearch Group called, “Yellow Brick Road.” The rules for managing the long strategy were documented in VectorVest Views on September 26, 2008 and…