Monthly Archive: August 2020

Daily Update Monday, August 31, 2020

Profit taking offset gains in Apple and Tesla and Wall Street finished the day mixed. With one red light and an UpUp situation Prudent Investors should protect profits and only buy stocks long on up days. Aggressive Investors and Traders should play the market as it develops.To Stay…

The Next Bull Market.

An accommodative Fed, vaccine hopes and some better-than-expected economic data helped the Price of the VectorVest Composite (VVC) reverse course week-over-week and close higher. Overall, it added $0.98 per share to finish at $51.51 per share, breaking through resistance at $51.00 per share and changing the Primary Wave back to Up….

Daily Update Thursday, August 27, 2020

The U.S. stock markets ended mixed today as gains in the financial sector offset concerns surrounding the economy. With three yellow lights and an UpUp situation Prudent Investors should continue to protect profits and only buy stocks long on up days. Aggressive Investors and Traders should play the…

Daily Update Wednesday, August 26, 2020

Strong corporate earnings along with rising tech shares combined to send Wall Street to a higher close. With one green light and an UpUp situation Prudent Investors should protect profits and only buy stocks long on up days. Aggressive Investors and Traders should play the market as it…

Daily Update Tuesday, August 25, 2020

Renewed trade talks between the U.S. and China offset losses in Apple and Wall Street finished the day mixed. With one green light and an UpUp situation Prudent Investors should protect profits and only buy stocks long on up days. Aggressive Investors and Traders should play the market…

Daily Update Monday, August 24, 2020

Hopes of a coronavirus vaccine boosted sentiment and the U.S. stock markets ended the day higher. With one green light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops.To Stay Informed and see our daily…

Cherry-Picking Secret Weapon.

Despite the Nasdaq and S&P500 indexes ending the week at all-time highs, the Price of the VectorVest Composite, after seven consecutive week-over-week wins, closed lower. Overall, it slipped a modest $0.04 per share to finish at $50.53 per share and the Primary Wave is Dn. Our other key Market Timing indicators,…

Daily Update Thursday, August 20, 2020

Rising technology shares offset disappointing jobs data and Wall Street closed to the upside. With three yellow lights and an DnUp situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market as it develops.To Stay Informed and see our daily…