Daily Update Monday, June 3, 2019

Gains in healthcare stocks outweighed losses in tech stocks and sent eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. With one red light and a DnDn situation Prudent Investors should not buy stocks if the…

When to Buy

The Price of the VVC/EU continued its downward spiral this week. Overall, it fell €0.89 per share to close at €67.83 per share and the Primary Wave remains Dn. Additionally, all of our other key indicators the RT, BSR and MTI, all closed lower when compared to last Friday. The red…

Daily Update Thursday, May 30, 2019

News of a possible deal between private equity firm KKR and Axel Springer boosted sentiment and helped nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher today. With three yellow lights and a DnDn situation Prudent Investors should not…

Daily Update Wednesday, May 29, 2019

All of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today following news that China planned to place more restrictions on the US, intensifying global growth fears. With three red lights and a DnDn situation Prudent Investors should…

Daily Update Tuesday, May 28, 2019

The possibility of a fine on Italy sent banking stocks and seven of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With one red light and a DnDn situation Prudent Investors should not buy stocks if…

Daily Update Monday, May 27, 2019

News of a possible merger between Fiat Chrysler and Renault sent eight of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks…

Backtester for Credibility

Ongoing trade concerns curbed investors’ risk appetite for much of the week and despite positive movement in the markets on Friday, the Price of the VVC/EU reversed course again and resumed its downward drive. Overall, it fell €1.18 per share to close at €68.72 per share and the Primary Wave is…

Daily Update Thursday, May 23, 2019

Concerns surrounding the US and China trade war, downtrodden business surveys and tension for Prime Minister May to quit and all of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today. With three red lights and an DnDn…