Weekly Newsletter Friday, October 7, 2016

For the second consecutive week, the Price of the VVC/EU moved lower, losing €0.29 per share to close at €58.76 per share, giving us a preliminary signal of a sustainable downtrend. Additionally, two of our other key indicators, the RT and BSR, also moved lower on a week-over-week basis. So, with…

Daily Update Thursday, October 6, 2016

European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as losses from airline shares offset gains from banking shares. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only…

Daily Update Wednesday, October 5, 2016

Concerns that the European Central Bank will lower its bond buying programme led 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 an UpUp situation Prudent Investors…

Daily Update Tuesday, October 4, 2016

European stocks and all ten of the major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains from banking shares leading the charge. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Monday, October 3, 2016

With the Xetra exchange closed for the holiday, European equities and five of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finished slightly higher today as pharmaceutical shares led the charge. Therefore, with one green light and an UpUp situation Prudent…

Weekly Newsletter Friday, September 30, 2016

The Price of the VVC/EU reversed its course yet again this week, falling €0.29 per share to end at €59.05 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…

Daily Update Thursday, September 29, 2016

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

Daily Update Wednesday, September 28, 2016

Strength from banking and commodity stocks sent European shares and all ten 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…