Monthly Archive: June 2010

When to Buy Bp.

The Price of the VectorVest Composite closed at $24.35 per share today, up $0.63 per share from last Friday and giving a preliminary signal of a sustainable uptrend. The Color Guard signaled a green light in the Price column on Tuesday, Thursday and Friday. This is very encouraging and we should…

Daily Update Thursday, June 17, 2010

A surprise increase in Jobless Claims and a disappointing Philadelphia Fed Manufacturing report pushed stock prices lower most of the day today; however in a late afternoon surge, gains from technology and consumer shares caused the Major Indexes to finish in positive territory. With one green light and an…

Daily Update Wednesday, June 16, 2010

Disappointing Housing Starts and Building Permits data caused the Major Indexes to spend most of the day in the red; however, stocks prices pulled away from their lows to end relatively flat after news that BP agreed to a $20 billion fund for victims of the Gulf of Mexico…

Daily Update Tuesday, June 15, 2010

Strong gains from industrial and technology shares sparked a rally on Wall Street today pushing stock prices sharply higher. With one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market to the upside.Today’s Derby Winners,…

Daily Update Monday, June 14, 2010

Despite spending the majority of the day in positive territory, news that Greece’s debt rating had been downgraded caused the Major Indexes to end the day mixed. With three yellow lights and an UpDn situation Prudent Investors should be prepared to buy high VST-Vector, ‘B’ rated stocks long if…

Tentative Bottom.

The Price of the VectorVest Composite closed at $23.72 per share today, up $0.51 per share from last Friday and the Primary Wave is Up. It could be that Tuesday’s intraday low of $22.69 per share may be the ultimate low for this downturn, but that is not at all certain….

Daily Update Thursday, June 10, 2010

A decline in Jobless Claims and a strong Trade report from China sparked a rally on Wall Street today driving stock prices sharply higher. With three yellow lights, a DnDn situation and the Price of the VectorVest Composite about $0.34 per share higher than last Friday’s close of $23.21,…

Daily Update Wednesday, June 9, 2010

Despite positive remarks from Fed Chairman Ben Bernanke this morning about the state of the economy, sharp losses in the energy sector, led by BP, sent stock prices modestly lower in afternoon trading. With one red light and a DnDn situation Prudent Investors should not buy stocks at this…