Daily Update Monday, December 5, 2016

News that Matteo Renzi lost the Italian referendum sent European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long…

Weekly Newsletter Friday, December 2, 2016

After moving higher for three consecutive weeks, the Price of the VVC/EU reversed its course, losing €0.39 per share to end at €58.78 per share and changing the Primary Wave to Dn. Furthermore, our other key indicators, the RT, BSR and MTI, also followed suit and moved lower over the last…

Daily Update Thursday, December 1, 2016

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as rising crude prices offset losses in financial stocks. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the…

Daily Update Wednesday, November 30, 2016

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as rising crude oil prices boosted sentiment. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is…

Daily Update Tuesday, November 29, 2016

Rebounding banking stocks sent European shares and eight 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 a DnUp situation Prudent Investors should not buy stocks if the market is falling tomorrow.Aggressive…

Daily Update Monday, November 28, 2016

Steep 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. With one red light and an UpUp situation Prudent Investors may buy stocks long only if the…

Weekly Newsletter Friday, November 25, 2016

The Price of the VVC/EU managed to march its way higher for the third consecutive week, adding €0.53 per share to close at €59.17 per share. Two of our other key indicators, the BSR and MTI, also followed suit and improved on a week-over-week basis. Please note, however, that the Price…

Daily Update Thursday, November 24, 2016

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as advances from healthcare stocks lent support. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the market is…