Monthly Archive: June 2022

The Bottom.

The Fed’s decision to raise interest rates by 75 basis points sparked a rally then a steep selloff this week and the Price of the VectorVest Composite (VVC) sank $3.47 per share to finish at $51.55 per share. All of our other key Market Timing Indicators, the BSR, RT and MTI,…

Daily Update Thursday, June 16, 2022

Recession fears weighed on the market and Wall Street closed 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 our…

Daily Update Wednesday, June 15, 2022

Stocks rallied on the back of the Federal Reserve’s 75 basis point rate hike and Wall Street finished the day higher. Nevertheless, 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…

Daily Update Tuesday, June 14, 2022

Caution ahead of the upcoming Federal Reserve policy meeting caused Wall Street to end the day mixed. 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 and see…

Daily Update Monday, June 13, 2022

Inflation fears continued to weigh on the market and Wall Street closed 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…

Inflation Be Damned.

Inflation deterred buying this week and the Price of the VectorVest Composite (VVC) reversed course and closed lower. Overall, it lost a steep $2.41 per share to finish at $55.02 per share and the Primary Wave is Dn. With the BSR at 0.15, we are back in sharply oversold territory which…

Daily Update Thursday, June 9, 2022

Anticipation over tomorrow’s inflation release caused investors to dump stocks and Wall Street closed sharply lower. With two red lights and an DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops with a bias to the downside.To…

Daily Update Wednesday, June 8, 2022

Worries surrounding the overall health of the global economy dented sentiment and the U.S. stock markets closed to the downside today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as…