Monthly Archive: May 2012

Daily Update Thursday, May 31, 2012

Ongoing concerns over the Euro Zone debt crisis weighed on investors’ minds today sending stock prices slightly lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside. Today’s…

Daily Update Wednesday, May 30, 2012

Concerns that Europe’s debt crisis is worsening gave investors a reason to dump stocks today sending the Major Indexes sharply lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to…

Daily Update Tuesday, May 29, 2012

Hopes that China will take the steps it needs to boost its economy improved investor sentiment today driving stock prices modestly higher. With one green light and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market…

The Yellow Brick Road: Going Forward.

The Price of the VectorVest Composite gained $0.40 per share since last Friday and the Primary Wave turned from Dn to Up on Thursday. Although it appears that the market bottomed last Friday, the rebound we expected has not advanced significantly since Monday’s nice rally. This is not too surprising since…

Daily Update Thursday, May 24, 2012

Despite disappointing economic data from Europe and the U.S. pushing the Major Indexes lower in early trading, stock prices recovered again in the late afternoon to finish slightly higher. With three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready to buy stocks long…

Daily Update Wednesday, May 23, 2012

After spending most of the day in negative territory, gains from the materials sector allowed stock prices to stage a late-afternoon rally and the Major Indexes closed slightly higher. Our candlestick clues showed a classic hammer formation which is Bullish. With three yellow lights and DnDn situation Prudent Investors…

Daily Update Tuesday, May 22, 2012

Despite starting the day in positive territory on upbeat economic data, stock prices retreated late in the afternoon to end the trading session slightly lower. With two red lights and DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Monday, May 21, 2012

Positive comments out of China and the Euro Zone and upbeat economic data boosted stock prices sharply higher today. With three yellow lights and DnDn situation Prudent Investors may buy stocks long only if the market continues to move sharply higher tomorrow.Aggressive Investors and Traders should play the market…