Weekly Newsletter Friday, April 1, 2016

The Price of the VVC/EU continued to move lower this week, losing €0.53 per share to close at €57.06 per share. Two of our other key indicators, the BSR and MTI, also moved lower over the last five trading days. The Bears prevailed this holiday-shortened week, placing two consecutive red lights…

Daily Update Thursday, March 31, 2016

Losses in telecom and bank shares led European stocks and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into negative territory today. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the market…

Daily Update Wednesday, March 30, 2016

European stocks and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today after the U.S. Fed Chair Janet Yellen stated caution would be used before raising rates. Therefore, with three green lights and an UpUp situation Prudent Investors…

Daily Update Tuesday, March 29, 2016

European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finished in positive territory today ahead of the speech by U.S. Fed Chair Janet Yellen. With two green lights and a DnUp situation Prudent Investors should not buy stocks…

Weekly Newsletter Thursday, March 24, 2016

After closing higher for five consecutive five-day trading periods, the Price of the VVC/EU reversed its course, losing €0.35 per share to close at €56.99 per share. However, two of our other key indicators, the BSR and MTI, managed to move higher over the last five trading days. This bullish divergence…

Daily Update Wednesday, March 23, 2016

Losses from mining shares sent European stocks and five 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 moves…

Daily Update Tuesday, March 22, 2016

Despite the tragedy in Brussels, European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to close modestly higher today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market…

Daily Update Monday, March 21, 2016

European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as falling commodity prices offset gains from telecoms. Nevertheless, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market…