Monthly Archive: July 2019

Daily Update Wednesday, July 31, 2019

News that the Federal Reserve lowered interest rates by 25 basis points disappointed investors and Wall Street closed sharply lower today. With two red lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market with a…

Daily Update Tuesday, July 30, 2019

The U.S. stock markets finished lower today as investors used caution ahead of the Federal Reserve announcement tomrrow. However, the Price of the VVC finished modestly higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders…

Daily Update Monday, July 29, 2019

Wall Street finished mixed today as investors anticipate Wednesday’s Federal Reserve announcement regarding interest rates. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.To Stay Informed, please click…

EVolution of the Midas Touch-Part II.

The Price of the VVC gained $0.60 per share over the last five trading days to close today at $48.61 per share. The Primary Wave is Up, the Buy/Sell Ratio, BSR, closed at 1.25 today and Q2 GDP came in at 2.1%. The experts are now wondering what Chairman Powell will…

Daily Update Thursday, July 25, 2019

The U.S. stock markets finished in the red today following comments from the European Central Bank regarding monetary policy. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.To…

Daily Update Wednesday, July 24, 2019

Wall Street finished mixed today following the release of corporate earnings reports. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market with a bias to the upside. To Stay Informed, please click…

Daily Update Tuesday, July 23, 2019

Strong corporate earnings results inspired buying today and U.S. equities moved higher. With one green light and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market as it develops.To Stay Informed, please click here to view our…

Daily Update Monday, July 22, 2019

Wall Street finished higher today as investors anticipated an interest rate cut by the Federal Reserve at the end of the month. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and Traders should play the market as…