Inflation concerns, rising bond yields and a continued selloff in technology caused the Price of the VectorVest Composite (VVC) to experience its third consecutive week-over-week loss as it fell $3.88 per share over the last five trading days to finish at $61.73 per share. However, the market is dramatically oversold with…
A lackluster start to 4th quarter earnings season, a hawkish Fed, and downtrodden economic data pushed the Price of the VectorVest Composite (VVC) lower this week. Overall, it fell $0.43 per share to finish at $65.48 per share. Our other key Market Timing indicators, the BSR, RT and MTI, are giving…
Inflation jitters sparked a tech selloff this week and Friday’s December jobs report miss didn’t help. Overall, the Price of the VectorVest Composite (VVC) reversed course and began moving lower, falling a hefty $2.13 per share to end at $65.91 per share. The Primary Wave is back to Dn and all…
While it seemed that Santa had made his way to Wall Street Monday, that would be the biggest present he left this week. The Price of the VectorVest Composite (VVC) did manage to pick up another $0.50 per share to finish 2021 at $68.04 per share. Two of our other key…
Upbeat economic data helped the Price of the VectorVest Composite (VVC) reverse course again this week and move higher. Overall, it rose $1.13 per share to close at $67.54 per share and the Primary Wave is Up. All of our other key Market Timing Indicators, the BSR, RT and MTI, also…
Omicron concerns and the Fed spooked investors this week and the Price of the VectorVest Composite (VVC) reversed course and fell $1.31 per share to close at $66.29 per share and the Primary Trend is back to down. All of our other key Market Timing Indicators, the BSR, RT and MTI,…
Omicron concerns waned this week and investors were inspired to pick up beaten down stocks helping the Price of the VectorVest Composite (VVC) reverse course and close higher. Overall, it rose $1.69 per share to finish at $67.60 per share. Additionally, our other key Market Timing indicators, the BSR, RT and…
section read, “three of the Top Five 1-Day Derby Winners are bearish and that’s a sign we shouldn’t ignore. Continue to play the upside, but cautiously so.” The next week, weakness in the market became evident and eventually led to the Confirmed Down we received on November 22nd.Because of this…