Strength from the financial sector pushed stock prices higher most of the day; however disappointing labor reports caused a late afternoon sell-off and stock prices ended the day sharply lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…
A sharp drop in Consumer Confidence and renewed global economic concerns caused investors to dump stocks and the Major Indexes finished the day sharply lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…
Upbeat Consumer Spending data and a rise in tobacco shares after a Supreme Court’s decision to block the government from receiving money pushed stock prices higher in early trading; however stock prices retreated in afternoon trading to finish just slightly lower. With two red lights and a DnDn situation…
After rising for two consecutive weeks and giving a preliminary signal of a sustainable uptrend, the market turned downright nasty last week with one reversal day after the other as the Price of the VectorVest Composite tumbled $0.62 per share from last Friday. The “Tentative Low” of $22.87 per share, which…
Disappointing earnings forecasts from the retail sector and concerns over the government’s financial overhaul package caused investors to dump stocks today sending the Major Indexes sharply lower. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…
Indication from the Fed that Europe’s problems could pose a threat on the economy combined with a poor New Home Sales report caused the Major Indexes to end a choppy trading session mixed. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and…
Weak housing data along with sharp declines from the energy sector pushed stock prices sharply lower today. With two red lights and a DnDn 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…
News that China will let the Yuan appreciate against the dollar pushed stock prices higher most of the day; however a drop in the Euro caused investors to dump stocks in late afternoon trading and the Major Indexes finished in the red. With three yellow lights and an UpDn…