The Coronavirus Crash wiped nearly 11,000 points off the Dow, or 37%! As early as January 17, 2020 VectorVest was already warning that the Market Timing Indicators were signaling an overbought market.
On February 14, 2020, VectorVest published “our Market Timing Indicators are at lower levels today than they were during the January high, this bearish divergence suggests that downside risk outweighs upside potential.”
On February 21, 2020, VectorVest reported, “Aggressive Investors and Traders should play the market with a bias to the downside.”
The Daily Market Video that evening confirmed… “we are seeing a breakdown of the MTI… sound the alarm. Now is the time to tighten stops and protect profits. The Primary Wave is down, an important signal is being generated here.”
On February 24, 2020, VectorVest relayed “We do not advocate buying any stocks at this time. The underlying trend of the market is now down. All three of our market timing indicators are now below the level of 1.00 showing weakness in the market.”
The market video that evening reported “The DEW “Goldilocks” timing system signaled a down signal today. Each of our hot stocks today were Contra ETFs and were up an average of 11% today.”
Only VectorVest provides this critical combination of services—a Market Timing System with a 30-year track record followed by expert video guidance every evening that prepares you for market plunges like the Coronavirus Crash.
The Fed Rally
Zero Percent Interest Rates and a $700 billion round of quantitative easing.
The market bottomed on March 23, 2020. Two days later, on March 25, 2020, VectorVest published “The primary trend of the market is Up. Prudent Investors may buy stocks long only if the market is rising.” The market video reported “There are some hefty gains in our 5-Day Derby Winners, with Bottoms Up gaining 88.79% over the last 5 days. A lot of us are anxious to get back into trading. For those who are very aggressive, they may start stepping in, buying good quality stocks at a good price. For those less aggressive, wait for our first Green Light.”
On March 26, 2020, VectorVest investors got that Green Light with “Prudent Investors may buy stocks long if the market is rising. Aggressive Investors and Traders should play the market with a bias to the upside.”
On April 6, 2020, the bullish message continued with “the five searches with the highest 1-Day percent price gains are all bullish”, averaging an 18% gain. The market video that evening followed with “The DEW is our “goldilocks” timing model, just right for many. We got an up call on today’s data. We had been outside of normal pricing behavior, and we normally see a rapid snap back from these extreme levels. It’s time to start ‘nibbling’ at stocks should the market continue higher tomorrow.”