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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A Big Miss on US Jobs

Missiles and a big miss on the data front are the main news at the end of the trading week on Friday 7th April. The good news is that stock indices on both sides of the Atlantic are none the worse for wear. I will leave your weekend papers to discuss the ramifications of President Trump’s […]

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It’s time to be very careful with open profits.

I will keep this short and sharp, as no number of words can predict what is going to occur next on a trade by trade basis. The VectorVest Composite UK is shown below where the rising wedge that I have spoken of here has completed. The price of the Composite has risen while the MTI […]

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Hill and Smith

Hill & Smith Holdings PLC is a United Kingdom-based holding company. The Company is engaged in the manufacture and supply of infrastructure products and galvanizing services. The Company operates through three segments: Infrastructure Products-Utilities, Infrastructure Products-Roads and Galvanizing Services. The Infrastructure Products-Utilities segment contains a group of businesses supplying products to public and private customers […]

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The Wall of Worry… Once more…

I have no idea who first used the expression “markets climb a wall of worry”, but it correctly describes the present situation. Two weeks ago, I felt that there was further upside in the stock markets that I follow (US, UK and SA). I still hold that view. Below I show a daily chart of […]

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