Market risks from both sides of the pond.

The US markets recorded their largest percentage fall in three months on Thursday but rose slightly on Friday. FIB orientated traders will have noticed that the Dow found support on Friday at a 78% retracement of the last range after charting a fairly text book three wave correction. Markets were unnerved by the rhetoric between […]

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Markets take cover from war of words over Korea.

I have no doubt that the events of the past few days will become the script of a Hollywood blockbuster in years to come. I hope and pray that some sanity will prevail. I will leave the detailed analysis of the standoff to the weekend newspapers and focus on actions within my control. The VectorVest […]

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London Headwinds

The short term trend of the VectorVest Composite turned down after the close on Friday and the program printed a red light in the price column of the Color Guard. The advice on the front page is to “sit on hands”. The underlying trend remains up and the DEW market timing method is positive. I […]

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Payday from the Big Miners

In the webcasts and in this blog, VectorVest has been very positive about a strong move in the large-listed London miners such as Anglo, Rio Tinto, Glencore and Kaz. On VectorVest, these shares are all trading well below their VectorVest valuations on both the UK and South African bourses. The chart of Rio.L is shown […]

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The Ball is in and the Game is on

During the course of last week, the longest measure of the trend of the overall UK market turned back to Up. The last downturn lasted only from the 4th July to the 19th Of July. The chart of the VectorVest Composite is shown below with all of the Confirmed calls marked since the start of […]

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