Over the past week the London market has sold off and the low of the ascending triangle that has been a feature of the VectorVest Composite over the past month has broken to the downside. For all of last week the Primary Wave on VectorVest has been down and the advice was to sit on […]

» Read More

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 […]

» Read More

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 […]

» Read More