Weekly Newsletter Friday, May 24, 2013

The Price of the VVC/EU reversed its course and fell €0.62 per share from last Friday to close at €47.18 per share. We need to see the Price of the VVC/EU go down for one more week to give us a preliminary signal of a sustainable downtrend. Our other key indicators,…

Daily Update Thursday, May 23, 2013

European stocks and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell into Bear market territory today as weak Chinese manufacturing data disappointed investors. Therefore, with one red light and a DnUp situation Prudent Investors should move to the sidelines.Aggressive…

Daily Update Wednesday, May 22, 2013

European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as the Chairman of the U.S. Federal Reserve announced the continuation of the current stimulus. Therefore, with two green lights and an UpUp situation Prudent Investors…

Daily Update Tuesday, May 21, 2013

European stocks and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today as investors anticipated tomorrow’s U.S. Federal Reserve announcement. However, advances outweighed declines and the Price of the VVC/EU moved higher. With one green…

Daily Update Monday, May 20, 2013

Strong gains in the travel sector boosted European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into Bull market territory today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long on up…

Weekly Newsletter Friday, May 17, 2013

The Price of the VVC/EU rose for the fourth consecutive week, gaining €0.55 per share from last Friday to close at €47.80 per share. Our other key indicators, the RT, BSR and MTI, also ended higher on a week-over-week basis. Therefore, with our MACD in positive territory, three green lights and…

Daily Update Thursday, May 16, 2013

European equities and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after the release of poor U.S. data. However, with three yellow lights and an UpUp situation Prudent Investors should only buy stocks long…

Daily Update Wednesday, May 15, 2013

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