Daily Update Wednesday, August 30, 2017

Upbeat earnings helped European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher today. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling tomorrow.Aggressive Investors and…

Daily Update Tuesday, August 29, 2017

European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a sharply lower close today as military tensions between the U.S. and North Korea resurfaced. Therefore, with two red lights and a DnDn situation Prudent Investors should…

Daily Update Monday, August 28, 2017

Falling construction and material shares dragged European stocks 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 an UpUp situation Prudent Investors may buy stocks long only if the market…

Weekly Newsletter Friday, August 25, 2017

The Price of the VVC/EU managed to end its second consecutive week with a gain, adding €0.24 per share to close at €69.53 per share. However, two of our other key indicators, the BSR and MTI, moved lower on a week-over-week basis, while the RT remained unchanged. The Bearish divergence between…

Daily Update Thursday, August 24, 2017

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to end higher today despite caution ahead of the upcoming central bank meetings. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks…

Daily Update Wednesday, August 23, 2017

Declining media shares sent European equities 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 DnUp situation Prudent Investors should not buy stocks long if the market is falling.Aggressive…

Daily Update Tuesday, August 22, 2017

European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended the day higher, boosted by strong earnings from BHP Billiton and Antofagasta. With two green lights and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Monday, August 21, 2017

Profit taking sent European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with two red lights and a C/Dn situation Prudent Investors should not buy stocks if the market is…