Weekly Newsletter Friday, November 4, 2016

The Price of the VVC/EU continued to move lower this week, losing €1.78 per share to end at €57.93 per share. Additionally, we received a Confirmed Down, C/Dn, signal Thursday, 3 November when the Price of the VVC/EU moved lower for its second consecutive five-day trading period and the BSR dropped…

Daily Update Thursday, November 3, 2016

News that official Brexit negotiations cannot begin without parliamentary approval led European shares 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 red lights and a C/Dn situation Prudent Investors should not…

Daily Update Wednesday, November 2, 2016

Losses from banking shares along with falling crude oil 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. Therefore, with three red lights and a DnDn situation Prudent Investors should not…

Daily Update Tuesday, November 1, 2016

With the Vienna exchange being closed for the holiday, European shares and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today as political uncertainty in the U.S. dampened sentiment. Therefore, with two red lights and a DnUp…

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…