Weekly Newsletter Friday, February 24, 2017

The Price of the VVC/EU reversed its course this week, falling €0.32 per share to end at €64.45 per share and changing the Primary Wave to Dn. We now need to see the Price of the VVC/EU move lower for one more week to give us a preliminary signal of a…

Daily Update Thursday, February 23, 2017

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

Daily Update Wednesday, February 22, 2017

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

Daily Update Tuesday, February 21, 2017

Encouraging manufacturing data sent European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the market is rising…

Daily Update Monday, February 20, 2017

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains in banking and mining stocks leading the charge. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if…

Weekly Newsletter Friday, February 17, 2017

The Price of the VVC/EU continued to move higher for the second consecutive week, gaining €0.64 per share to close at €64.45 per share. Moreover, our other key indicators, the RT, BSR and MTI, all managed to gain some ground on a week-over-week basis. Therefore, with our MACD moving into positive…

Daily Update Thursday, February 16, 2017

Weak commodity prices sent European equities and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market…

Daily Update Wednesday, February 15, 2017

Better-than-expected earnings data from several companies sent European equities and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the…