Weekly Newsletter Friday, August 11, 2017

After moving higher for two consecutive weeks, the Price of the VVC/EU reversed its course, losing €1.34 per share to end at €68.55 per share and changing the Primary Wave to Dn. Additionally, we received a Confirmed Down, C/Dn, signal Thursday, 10 August when the Price of the VVC/EU moved lower…

Daily Update Thursday, August 10, 2017

Continued worries over the U.S. and North Korea along with falling financial shares sent European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with three red lights and a C/Dn situation Prudent…

Daily Update Wednesday, August 9, 2017

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

Daily Update Tuesday, August 8, 2017

Advances from Auto, energy and Utility shares offset disappointing earnings data from Pandora and European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today. Therefore, with three green lights and an UpUp situation Prudent Investors may…

Daily Update Monday, August 7, 2017

European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains in mining stocks providing support. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is…

Weekly Newsletter Friday, August 4, 2017

The Price of the VVC/EU continued to rise for the second consecutive week, advancing €0.82 per share to close at €69.89 per share. Furthermore, our other key indicators, the RT, BSR and MTI, also managed to move higher on a week-over-week basis. With three green lights and an UpUp situation, the…

Daily Update Thursday, August 3, 2017

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to close higher today as a round of strong earnings offset steep losses in the mining sector. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors…

Daily Update Wednesday, August 2, 2017

Disappointing earnings results from several companies dragged European equities and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With one red light and a DnUp situation Prudent Investors should not buy stocks if…