Daily Update Monday, October 31, 2016

Declining crude prices sent 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 a DnUp situation Prudent Investors should not buy stocks if the market is falling tomorrow.Aggressive…

Weekly Newsletter Friday, October 28, 2016

After moving higher for three consecutive weeks, the Price of the VVC/EU reversed its course, losing €0.19 per share to end at €59.71 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…

Daily Update Thursday, October 27, 2016

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

Daily Update Wednesday, October 26, 2016

With the Vienna exchange being closed for the holiday, European equities and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today as pharmaceutical and oil stocks faltered. With three yellow lights and an UpUp situation Prudent…

Daily Update Tuesday, October 25, 2016

Disappointing earnings data from several U.S. companies sent European stocks 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…

Daily Update Monday, October 24, 2016

Gains from banking shares offset losses from pharmaceutical shares sending European stocks and eight 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…

Weekly Newsletter Friday, October 21, 2016

The Price of the VVC/EU moved higher for the second consecutive week, gaining €0.81 per share to close at €59.90 per share. Moreover, our other key indicators, the RT, BSR and MTI, all managed to gain some ground on a week-over-week basis. Although we have two green lights and an UpUp…

Daily Update Thursday, October 20, 2016

European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today after the European Central Bank left interest rates unchanged. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the…