Monthly Archive: December 2010

Daily Update Wednesday, December 8, 2010

A strong dollar and higher bond yields gave investors a reason to remain cautious today and stock prices closed the trading session slightly lower. With three yellow lights and an UpUp situation Prudent Investors should buy stocks long only when the market is moving higher. Aggressive Investors and…

Daily Update Tuesday, December 7, 2010

Despite starting the day higher on news that the Bush-era tax cuts will be extended, stock prices retreated in afternoon trading as reports that regulators were looking further into an insider trading probe surfaced. With three yellow lights and an UpUp situation Prudent Investors should buy stocks long…

Daily Update Monday, December 6, 2010

Hopes of compromise on extending Bush-era tax cuts caused stock prices to erase early losses today and finish slightly higher. With one green light and an UpUp situation Prudent Investors should buy stocks long as the market moves higher. Aggressive Investors and Traders should play the market to…

The Tampa Two-Day Seminar.

Is this rally for real? It could be. The Price of the V V C closed at its highest level of the year today extending the rally to 14 weeks from the August 25th low. However, the BSR and MTI are still well below their November highs. So we have to…

Daily Update Thursday, December 2, 2010

Several upbeat sales reports from the retail sector along with an unexpected jump in Pending Home Sales caused the Major Indexes to finish the day sharply higher. With one green light and an UpUp situation Prudent Investors should buy stocks long as the market moves higher. Aggressive Investors and…

Daily Update Wednesday, December 1, 2010

An upbeat jobs report from ADP, optimism surrounding the European debt crisis and global growth in the manufacturing sector boosted investor confidence today driving stock prices sharply higher. With three green lights and an UpUp situation Prudent Investors should buy stocks long as the market moves higher. Aggressive Investors…