Monthly Archive: November 2010

Daily Update Wednesday, November 17, 2010

Uneasiness over the possibility of more stress tests for the financial sector caused the Major Indexes to finish the day mixed. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down…

Daily Update Tuesday, November 16, 2010

The possibility of interest rate hikes in Asia along with more potential bailouts for Europe sparked a major sell-off on Wall Street today sending stock prices sharply lower. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Monday, November 15, 2010

Despite spending most of the day in positive territory, concerns that Europe is headed for another bailout prompted investors to take profits causing the Major Indexes to finish the day mixed. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive…

The Red Light District.

The Price of the VectorVest Composite fell $0.54 per share from last Friday’s closing price of $27.00 per share and now needs to go down one more week to give a preliminary signal of a sustainable downturn. Given the look and feel of this week’s market action, I would not be…

Daily Update Thursday, November 11, 2010

A disappointing sales forecast from Cisco Systems along with uneasiness surrounding the G20 meeting prompted investors to sell stocks today causing the Major Indexes to end modestly lower. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Wednesday, November 10, 2010

Despite spending most of the day in negative territory, investors brushed off yesterday’s concerns and bought beaten down stocks causing the Major Indexes to finish slightly higher. With three green lights and an UpUp situation Prudent Investors may buy stocks as the market moves higher.Aggressive Investors and Traders…

Daily Update Tuesday, November 9, 2010

Concerns about the impacts of the Federal Reserve’s stimulus plan caused investors to grow cautious today sending stock prices modestly lower. With three yellow lights and an UpUp situation Prudent Investors may buy stocks only when the market is moving higher.Aggressive Investors and Traders should play the market…

Daily Update Monday, November 8, 2010

Losses from the financial sector along with a stronger dollar caused the Major Indexes to finish the trading session mixed. With three yellow lights and an UpUp situation Prudent Investors may buy stocks only when the market is moving higher.Aggressive Investors and Traders should play the market up…