Daily Update Wednesday, January 18, 2017

Expectation of a better-than-expected earnings season sent European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the…

Daily Update Tuesday, January 17, 2017

Falling copper prices pushed 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 one red light and a DnUp situation Prudent Investors should not buy stocks if the market is falling…

Daily Update Monday, January 16, 2017

Losses from automobile and insurance stocks sent European shares and all ten of the 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…

Weekly Newsletter Friday, January 13, 2017

After a volatile week the Price of the VVC/EU managed to clock an overall win for the sixth consecutive Friday-over-Friday session, gaining €0.15 per share to close at €63.64 per share. However, two of our other key indicators, the RT and MTI, moved lower on a week-over-week basis. The Bearish divergence…

Daily Update Thursday, January 12, 2017

Continued declines from pharmaceutical shares along with concerns surrounding Fiat Chrysler led European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with three yellow lights and a DnUp situation Prudent Investors should…

Daily Update Wednesday, January 11, 2017

Advances in retail shares offset losses from pharmaceutical shares and European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed slightly higher today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks…

Daily Update Tuesday, January 10, 2017

European equities and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved slightly higher today as advancing mining shares boosted sentiment. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is…

Daily Update Monday, January 9, 2017

Losses from banking shares sent European equities and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Nevertheless, with one green light and an UpUp situation Prudent Investors may buy stocks long if the market…