Weekly Newsletter Friday, August 12, 2016

The Price of the VVC/EU continued to rise for the fifth consecutive week, advancing €1.08 per share to close at €59.30 per share. Furthermore, our other key indicators, the RT, BSR and MTI, also moved markedly higher on a week-over-week basis. With a Green light in the Price column of the…

Daily Update Thursday, August 11, 2016

Encouraging earnings data from several companies led European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with three green lights and an UpUp situation Prudent Investors may buy stocks long if…

Daily Update Wednesday, August 10, 2016

Falling crude oil prices 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. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market…

Daily Update Tuesday, August 9, 2016

European shares and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains in telecom stocks leading the way. Therefore, with three green lights and an UpUp situation Prudent Investors may buy stocks long if the…

Daily Update Monday, August 8, 2016

Advances from financial stocks led European shares 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 long if the market is…

Weekly Newsletter Friday, August 5, 2016

The Price of the VVC/EU managed to end its fourth consecutive week with a gain, adding a modest €0.01 per share to close at €58.22 per share. However, two of our other key indicators, the BSR and MTI, moved lower on a week-over-week basis. The Bearish divergence between the Price of…

Daily Update Thursday, August 4, 2016

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as investors cheered the Bank of England’s decision to lower interest rates. Nevertheless, with one green light and a DnUp situation Prudent Investors should not buy…

Daily Update Wednesday, August 3, 2016

Another round of discouraging earnings reports sent European shares and six 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…