Daily Update Tuesday, July 30, 2019

Downtrodden earnings releases from Bayer and Lufthansa sent all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. With one red light and a DnUp situation Prudent Investors should not buy stocks if the market is…

Daily Update Monday, July 29, 2019

European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today despite investors’ anticipation for the US Fed’s interest rate cuts. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long if the…

Amazon?

Investors were anticipating an interest rate cut this week from the ECB and weren’t happy when they didn’t get it. Nevertheless, the Price of the VVC/EU managed to reverse and end the week higher. Overall, it picked up €0.76 per share to end at €71.03 per share. All of our other…

Daily Update Thursday, July 25, 2019

European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today after the European Central Bank signaled a policy easing in the future. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long…

Daily Update Wednesday, July 24, 2019

In anticipation of the European Central Bank meeting, European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly higher today. With two green lights and a UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Tuesday, July 23, 2019

Strong gains in the auto and banking sectors helped all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher today. With two green lights and an DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors…

Daily Update Monday, July 22, 2019

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended modestly higher today amid the upcoming European Central Bank Policy meeting. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market…

Long-Term Technical Analysis

After a disappointing earnings release from SAP tanked the technology sector Thursday, European shares could not manage to hold on to the gains they experienced earlier in the week. Overall, the Price of the VVC/EU fell €0.57 per share to close at €70.27 per share. All of our other key indicators,…