Author: John Horan

Daily Update Thursday, August 23, 2012

Global economic concerns drug European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Wednesday, August 22, 2012

Disappointing Japanese trade data and concerns about Greece’s debt caused European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Tuesday, August 21, 2012

Bank and mining shares rose today on hopes that the European Central Bank will soon take steps to ease the region’s debt woes sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With three green lights and an…

Daily Update Monday, August 20, 2012

The European Central Bank’s comments that no steps have been finalized to aid the economy caused European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. Nevertheless, with one green light and an UpUp…

Weekly Newsletter Friday, August 17, 2012

The Price of the VVC/EU continues to explode off our 4th June support level of €37.20 per share gaining €0.50 per share from last Friday to close at €41.32 per share, the eleventh consecutive weekly gain. Our other key indicators, the RT, BSR and MTI, continue their gradual ascent. Be mindful…

Daily Update Thursday, August 16, 2012

Promising data from the U.S. eased global economic worries today sending European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With three green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Wednesday, August 15, 2012

With the Austrian and Italian markets closed today, lower mining shares caused stock prices and five of the eight remaining Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. With three yellow lights and an UpUp situation Prudent Investors…

Daily Update Tuesday, August 14, 2012

Optimistic German and French economic growth data lifted market sentiment today sending European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long if…