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…

Daily Update Thursday, October 4, 2012

Uneasiness about Spain and Friday’s U.S. employment report caused European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close moderately lower today. However, advances outweighed declines and the Price of the VVC/EU closed slightly higher. Therefore, with…

Daily Update Wednesday, October 3, 2012

Encouraging data out of the U.S. offset jitters about Spain today helping European stocks and seven of the ten Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With one green light and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Tuesday, October 2, 2012

News that Spain will seek a bailout helped European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close today’s session moderately higher. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this…

Daily Update Monday, October 1, 2012

News of a merger between commodity giants Xstrata and Glencore boosted investor sentiment today helping European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. However, with three yellow lights and a DnUp situation Prudent Investors should not buy…

Weekly Newsletter Friday, September 28, 2012

The Price of the VVC/EU fell again this week, sliding €0.75 per share from last Friday to close at €41.56 per share, giving us the preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, continue to decline. Furthermore, our MACD signal turned negative Thursday. Therefore,…

Daily Update Thursday, September 27, 2012

Investors anticipated new austerity measures by Spain tomorrow helping European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the upside. However, with three yellow lights and a DnUp situation Investors should remain on…