Daily Update Tuesday, October 16, 2012

News that Spain may seek a line of credit from the European Union’s bailout fund boosted financial shares today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With two green lights and an UpUp…

Daily Update Monday, October 15, 2012

Progress towards combating Greece and Spain’s economic woes lifted investor sentiment today sending European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. However, with three yellow lights and a DnUp situation Prudent Investors should…

Weekly Newsletter Friday, October 12, 2012

The Price of the VVC/EU reversed its course again this week, sliding €0.43 per share to close at €42.06 per share, turning the Primary Wave back to Dn. After hitting recent highs on Friday, 5th October, our other key indicators, the RT, BSR and MTI, have declined. Furthermore, the MACD is…

Daily Update Thursday, October 11, 2012

Despite S&P’s downgrade of Spains debt rating, promising U.S. jobless claims figures lifted investor confidence today and sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and an UpUp…

Daily Update Wednesday, October 10, 2012

A proposed merger between EADS and BAE fell through today denting market sentiment and sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three yellow lights and a DnUp situation Prudent Investors should move…

Daily Update Tuesday, October 9, 2012

The Internaional Monetary Fund cut the global economic growth forecasts for 2012 and 2013 today causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. Nevertheless, with three yellow lights and an UpUp…

Daily Update Monday, October 8, 2012

The World Bank’s cut of China’s growth forecast elevated global economic fears today sending European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may…

Weekly Newsletter Friday, October 5, 2012

After hitting a new support level of €41.56 per share on Friday, 28th September, the Price of the VVC/EU reversed its course gaining €0.93 per share to close at €42.49 per share, turning the Primary Wave to Up. After also hitting recent lows, our other key indicators, the RT, BSR and…