Daily Update Monday, May 15, 2017

Rising oil and metals prices led European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. With two green lights and an UpUp situation Prudent Investors may buy stocks long if…

Weekly Newsletter Friday, May 12, 2017

The Price of the VVC/EU managed to scrape up another €0.19 per share this week to end at €69.84 per share. However, two of our other key indicators, the RT and BSR, moved lower over the last week. This Bearish divergence suggests that downside risk outweighs upside potential. Additionally, our MACD…

Daily Update Thursday, May 11, 2017

Weakness in Spanish blue chips led European shares and eight of the ten of the 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…

Daily Update Wednesday, May 10, 2017

European shares and five of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed a win today, led by gains in the financial sector. With one green light and an UpUp situation Prudent Investors may buy stocks long if the…

Daily Update Tuesday, May 9, 2017

European shares and eight 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 and rallying resource stocks. With three green lights and an UpUp situation Prudent Investors may buy stocks long if…

Daily Update Monday, May 8, 2017

Despite a win by centrist Emmanuel Macron in France, the Euro dipped and European shares and eight of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower. With one green light and an UpUp situation Prudent Investors may buy…

Weekly Newsletter Friday, May 5, 2017

European shares marched higher in the holiday-shortened week and the Price of the VVC/EU gained another €1.50 per share to close at €69.65 per share, a level not seen since 2007 July. The Primary Wave is Up and all of our key indicators, the RT, BSR and MTI, also continued to…

Daily Update Thursday, May 4, 2017

Upbeat PMI readings and solid earnings helped European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close the day sharply higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market…