Daily Update Monday, November 13, 2017

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after the release of poor corporate earnings. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks…

Getting the Inside Track in Europe

After moving higher for two consecutive weeks, the Price of the VVC/EU reversed its course, losing €1.24 per share to end at €72.13 per share and changing the Primary Wave to Dn. Our other key indicators, the RT, BSR and MTI, also moved markedly lower this week. With our MACD in…

Daily Update Thursday, November 9, 2017

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the downside today as investors booked profits. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the market is…

Daily Update Wednesday, November 8, 2017

Losses from banking and financial stocks led European equities and six 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 DnUp situation Prudent Investors should not buy stocks long if the…

Daily Update Tuesday, November 7, 2017

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the downside today after the release of disappointing earnings from BMW and Dialog Semiconductor. With three yellow lights and an UpUp situation Prudent Investors may buy stocks…

Daily Update Monday, November 6, 2017

Another round of discouraging earnings reports sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. However, with one green light and an UpUp situation Prudent Investors may buy stocks long only if…

Weekly Newsletter Friday, November 3, 2017

The Price of the VVC/EU continued to move higher for the second consecutive week, gaining €0.93 per share to close at €73.37 per share and reaching another annual intraday high of €73.68 per share today. Our other key indicators, the RT, BSR and MTI, also made healthy gains on a week-over-week…

Daily Update Thursday, November 2, 2017

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 after the release of poor corporate earnings. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if…