Upbeat economic data, merger and acquisition deals along with optimistic comments from Warren Buffet boosted investor confidence today driving stock prices modestly higher. With three yellow lights and a DnUp situation Prudent Investors should buy stocks only when the market is moving higher, but don’t get careless. Aggressive…
The Price of the VectorVest Composite fell $0.42 per share since last Friday, threatening the 26-week rally and changing the Primary Wave from Up to Dn. Although the Price of the V V C rose a handsome $0.38 per share today, don’t conclude that the rally has resumed. When asked about…
Ongoing concerns that higher oil prices could stifle economic growth caused the Major Indexes to spend most of the day in negative territory; however, a dip in oil prices this afternoon allowed stock prices to pull back off their lows and end the day only modestly lower. With one…
Stock prices finished the trading session sharply lower following a disappointing earnings report from Hewlett-Packard and continued unrest in Libya. With three red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play…
Ongoing violence in Libya sparked a major sell-off on Wall Street today causing Major Indexes to close the trading session sharply lower. With three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders…
The Price of the VectorVest Composite rose $0.40 per share since last Friday, extending the rally to 25 weeks and closing at a new recovery high of $29.29 per share, reaching highs not seen since January 2008. A minor resistance level may be found at $29.67 per share; then major resistance…
A strong Philadelphia Fed Manufacturing report overshadowed a rise in jobless claims today sending stock prices modestly higher. With three green lights and an UpUp situation Prudent Investors should buy stocks as the market moves higher, but don’t get careless. Aggressive Investors and Traders should play the market…
Another round of corporate deals along with strong earnings from several key companies pushed stock prices modestly higher today. With three green lights and an UpUp situation Prudent Investors should buy stocks as the market moves higher, but don’t get careless. Aggressive Investors and Traders should play the…