Daily Update Thursday, June 1, 2017

European shares and all ten of the Major Indexes closed to the upside today after the release of better-than-expected GDP data from Italy. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the market is rising tomorrow.Aggressive Investors and Traders should play…

Daily Update Wednesday, May 31, 2017

European equities and eight of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower again today as banking shares continued to falter. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks long if…

Daily Update Tuesday, May 30, 2017

Declines from banking stocks dragged European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the…

Daily Update Monday, May 29, 2017

Weakness in the auto sector led 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 an UpUp situation Prudent Investors may buy stocks long only if the…

Weekly Newsletter Friday, May 26, 2017

The Primary Wave returned to Up as the Price of the VVC/EU gained €0.30 per share to end at €69.79 per share following a lackluster week of trading. Our other key indicators, the RT, BSR and MTI, also moved modestly higher when compared to last Friday. However, the MACD is still…

Daily Update Thursday, May 25, 2017

With the Vienna exchange closed for Ascension Day, six of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower, hurt by the falling price of oil. However, the Price of the VVC/EU ended slightly higher. So, with one green light…

Daily Update Wednesday, May 24, 2017

Faltering mining and auto stocks fought rising bank and energy stocks today and eight of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in the red. However, the Price of the VVC/EU and all of our other key indicators…

Daily Update Tuesday, May 23, 2017

European shares and eight of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today led by a rally in tech and bank stocks. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy…