Daily Update Thursday, July 19, 2018

A round of earnings disappointments 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 thee yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market…

Daily Update Wednesday, July 18, 2018

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in higher today on the heels of some optimistic earnings from the tech sector. With one green light and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Tuesday, July 17, 2018

Strong bank and mining shares countered weakness from a round of mixed earnings today and European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in positive territory. With one green light and an UpDn situation Prudent Investors…

Daily Update Monday, July 16, 2018

Upbeat earnings from Deutsche Bank helped limit losses from oil stocks and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. However, the Price of the VVC/EU ended lower. So, with three yellow lights and an UpDn situation Prudent…

Six Months Into 2018

The Price of the VVC/EU moved higher for the second consecutive Friday-over-Friday session, adding €0.47 per share to close at €72.28 per share and giving us a preliminary signal of a sustainable uptrend. Two of our other key indicators, the BSR and MTI, moved modestly higher as well. Green lights have…

Daily Update Thursday, July 12, 2018

Despite continued concerns of a trade war, European shares rebounded today and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. With one green light and an UpDn situation Prudent Investors may buy stocks long only if the market…

Daily Update Wednesday, July 11, 2018

A threat by US President Trump to impose 10% tariffs on a host of Chinese imports sent investors into a tailspin today causing all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close in the red. With three yellow lights…