Daily Update Wednesday, August 8, 2018

European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended the day in negative territory after disappointing earnings in the pharmaceutical sector. With three yellow lights and an UpDn situation Prudent Investors may only buy stocks long if…

Daily Update Tuesday, August 7, 2018

European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today on the heels of upbeat UniCredit results, higher oil prices and opening gains on Wall Street. Nevertheless, with three yellow lights and a DnDn situation Prudent…

Daily Update Monday, August 6, 2018

Despite disappointing results from HSBC, continued trade worries and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finishing in negative territory, European shares, as represented by the Price of the VVC/EU, closed slightly higher. With three yellow lights and a…

How Do I Read an Options Table?

The Price of the VVC/EU reversed its course this week and finished lower, sliding €0.49 per share to finish at €72.60 per share. Our other key indicators, the RT, BSR and MTI, also moved lower when compared to last week. There is a level of support remaining at €71.95 per share,…

Daily Update Thursday, August 2, 2018

European shares and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finished in negative territory today as increasing trade tensions between the U.S. and China sent investors to the sidelines. With two red lights and a DnDn situation Prudent Investors…

Daily Update Wednesday, August 1, 2018

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today as trade tensions between the U.S. and China dampened sentiment. With three yellow lights and an UpUp situation Prudent Investors may buy stocks…

Daily Update Tuesday, July 31, 2018

Strong earnings reports inspired buying today, sending European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into positive territory. With one green light and an UpUp situation Prudent Investors may buy stocks long only if the market is…

Daily Update Monday, July 30, 2018

European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after the latest round of earnings reports. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if…