Monthly Archive: October 2020

The Time Is Now.

The Presidential Election countdown, lackluster earnings, rising Covid cases and no stimulus sent the Price of the VectorVest Composite (VVC) solidly lower this week. Overall, it lost a hefty $2.81 per share to finish at $49.65 per share. Additionally, we received a Confirmed Down, C/Dn, signal following heavy losses Monday when…

Daily Update Thursday, October 29, 2020

Rising technology shares along with better-than-expected economic data boosted sentiment and the U.S. stock markets closed higher. However, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market as it develops.To Stay Informed…

Daily Update Wednesday, October 28, 2020

Accelerating COVID-19 cases weighed on the market and the Major Indices moved sharply lower today. With three red lights 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.To Stay Informed and see…

Daily Update Tuesday, October 27, 2020

The U.S. stock markets ended mixed today as gains in technology shares offset stimulus concerns. With three red lights 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.To Stay Informed and see…

Daily Update Monday, October 26, 2020

Fears surrounding rising coronavirus cases dented sentiment and Wall Street ended the day sharply lower. With three red lights and a C/Dn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.To Stay Informed and see…

Thank You.

As stimulus began to look more like an after-election prospect, the market experienced swings from positive to negative and so did the Price of the VectorVest Composite (VVC). Today, in the final hour of trading, the Price of the VVC slipped into positive territory for the week, gaining a modest $0.04…

Daily Update Thursday, October 22, 2020

Anticipation that the coronavirus stimulus bill will get approval boosted sentiment today and Wall Street closed to the upside. With one green light 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…

Daily Update Wednesday, October 21, 2020

Wall Street closed the day lower amid disappointment over the lack of progress toward additional stimulus. With three red lights and a DnUp situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to the downside.To Stay…