Weekly Newsletter Friday, May 8, 2015

After receiving a Confirmed Down, C/Dn, signal on Wednesday, when the Price of the VVC/EU moved lower for its second straight five-day trading period and the BSR fell below 1.00, the Price of the VVC/EU reversed course and moved higher for the next two trading days. Overall, it rose €0.56 per…

Daily Update Thursday, May 7, 2015

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the upside today as the selloff in government bonds slowed. With one red light and a DnUp situation Prudent Investors should remain on the sidelines. Aggressive Investors…

Daily Update Wednesday, May 6, 2015

A rallying euro and a weak start on Wall Street caused European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day lower. With two red lights and a C/Dn situation Prudent Investors should remain on…

Daily Update Tuesday, May 5, 2015

Nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended the day sharply lower as the state of Greece’s finances weighed heavily. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders…

Daily Update Monday, May 4, 2015

With the Irish stock exchange closed for the holiday, eight of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in positive territory today following upbeat German manufacturing data. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should…

Weekly Newsletter Thursday, April 30, 2015

For the second straight five-day trading period, the Price of the VVC/EU moved lower, losing €1.03 per share to close at €61.52 per share, giving us a preliminary signal of a sustainable downtrend. Additionally, all of our other key indicators, the RT, BSR and MTI, also moved lower when compared to…

Daily Update Wednesday, April 29, 2015

All ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) plummeted today following disappointing earnings, weak U.S. GDP data and a rebound in the euro. With one red light and a DnUp situation Prudent Investors should remain on the sidelines. Aggressive Investors…

Daily Update Tuesday, April 28, 2015

Weaker-than-expected earnings updates dented sentiment today and sent nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. So, with one red light and a DnUp situation Prudent Investors should move to the sidelines. Aggressive Investors and Traders…