Daily Update Tuesday, April 30, 2019

A boost in crude prices and upbeat Euro area economic growth sent eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly higher close today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks…

Daily Update Monday, April 29, 2019

With the Athens Exchange closed today, eight of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly higher today led by strong gains from Banco Santander. With one green light and a UpUp situation Prudent Investors may buy stocks long…

What Is Relative Safety?

The Price of the VVC/EU managed to finish higher this week, gaining €0.12 per share to close at €71.36 per share. However, our other key indicators, the RT, BSR and MTI, finished lower than five trading days ago, creating a Bearish divergence, indicating that downside risk outweighs upside potential. Although we…

Daily Update Thursday, April 25, 2019

Downtrodden quarterly earnings from Nokia dented sentiment and led European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long if the market is…

Daily Update Wednesday, April 24, 2019

A drop in oil prices weighed heavily on energy shares and sent European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and a UpUp situation Prudent Investors may buy…

Daily Update Tuesday, April 23, 2019

European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as losses in banks and auto stocks outweighed gains in energy shares. However, the Price of the VVC/EU ended higher. With one green light and a…

The Birthday Game

Green lights dominated the Color Guard this week and the Price of the VVC/EU finished higher. Overall, it gained €1.10 per share to close at €71.38 per share. Our other key indicators, the RT, BSR and MTI, also finished higher when compared to five trading days ago. Additionally, with the VVC/EU…

Daily Update Wednesday, April 17, 2019

A surprisingly good data release from China sparked demand for carmakers and helped European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) end higher today. With two green lights and a UpUp situation Prudent Investors may buy stocks…