Daily Update Wednesday, October 24, 2012

Impressive earnings updates from the tech sector helped European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) rebound today. However, with one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy…

Daily Update Tuesday, October 23, 2012

Pessimistic earnings updates and continued concern about Spain’s debt sent European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With one red light and a DnUp situation Prudent Investors should move to the sidelines and not…

Daily Update Monday, October 22, 2012

Dissapointing Japenese export figures and doubts surrounding the Spanish bailout caused European equities and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside today. With three yellow lights, an UpUp situation and the Price of the…

Weekly Newsletter Friday, October 19, 2012

The Price of the VVC/EU reversed its course for the third time in as many weeks gaining €0.39 per share from five trading days ago to close at €42.45 per share, turning the Primary Wave Up. After plunging last week, the BSR and MTI rose. Our technical indicator, the RT, also…

Daily Update Thursday, October 18, 2012

Investors awaited the results of the EU Summit causing European stocks and the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session mixed. With three green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Wednesday, October 17, 2012

Moody’s decision to keep Spain’s debt rating steady lifted market morale today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) register a modest victory. With three green lights and an UpUp situation Prudent Investors may buy stocks…

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…