Monthly Archive: October 2017

Daily Update Tuesday, October 31, 2017

With the Xetra exchange closed for the holiday, European equities and eight of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the upside today after the release of better-than-expected economic data. Therefore, with three green lights and an UpUp…

Daily Update Monday, October 30, 2017

Rising banking and technology shares sent European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with three green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Where Should I Set My Stop-Loss?

The Price of the VVC/EU reversed its course again this week, gaining €0.78 per share to close at €72.44 per share and returning the Primary Wave to Up. Furthermore, two of our other key indicators, BSR and MTI, advanced on a week-over-week basis, while the RT remained unchanged. Although we have…

Daily Update Thursday, October 26, 2017

With the Vienna exchange being closed for the holiday, European shares and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed sharply higher today as investors cheered the European Central Bank’s decision to continue its bond buying programme. Therefore,…

Daily Update Wednesday, October 25, 2017

Disappointing earnings results sent European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks long if the market…

Daily Update Tuesday, October 24, 2017

European equities and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to end higher today despite caution ahead of the upcoming central bank meetings. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks…

Daily Update Monday, October 23, 2017

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as gains from the mining sector offset losses from the banking sector. However, with three yellow lights and a DnUp situation Prudent Investors should not buy…