A downgrade of the U.S. credit outlook from Standard & Poor’s wreaked havoc today sending stock prices tumbling lower. With three red lights and a Confirmed Dn situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play…
The Price of the VectorVest Composite fell $0.22 per share from last Friday and has now gone lower for two consecutive weeks, giving a preliminary signal of a sustainable downtrend. The Primary Wave has been Dn for six consecutive days and the Buy/Sell Ratio, BSR, is below 1.00. Therefore, we will…
An unexpected rise in jobless claims and news of an investigation of Goldman Sachs sent stock prices lower most of the day; however gains from consumer staple and health shares caused stock prices to rebound in afternoon trading to end the day higher. With three yellow lights and a…
Despite an upbeat earnings report from JPMorgan, investors gambled on strong earnings from the technology sector allowing stock prices to finish slightly higher in a day of choppy trading. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks…
News that Japan raised the severity of the nuclear crisis along with a disappointing earnings report from Alcoa sent stock prices tumbling lower today. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors…
Rising oil prices along with investors’ anxiety over the start of the first-quarter earnings season pushed stock prices modestly lower today. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should…
The Price of the VectorVest Composite fell $0.04 per share from last Friday and the Primary Wave is Dn. It’s worth noting that every day this week the market opened higher just for it to lose its gains as the day went on. This behavior tells me that the heavy hitters…
News of another earthquake in Japan caused investors to take profits today sending stock prices modestly lower. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher. Aggressive Investors and Traders should play the market to the upside. Today’s…