Daily Update Wednesday, August 29, 2012

Profit-taking caused European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…

Daily Update Tuesday, August 28, 2012

Gloomy Spanish gross domestic product figures added to global economic growth worries 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. With three yellow lights and a DnUp situation Prudent Investors…

Daily Update Monday, August 27, 2012

Hopes for a fresh round of stimulus from the central banks carried European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and…

Weekly Newsletter Friday, August 24, 2012

The mighty eleven week winning streak came to an end this week as the Price of the VVC/EU fell €0.45 per share from last Friday to close at €40.87 per share, turning the Primary Wave to Dn. After hitting new resistance levels on Tuesday, our other key indicators, the RT, BSR…

Daily Update Thursday, August 23, 2012

Global economic concerns drug European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Wednesday, August 22, 2012

Disappointing Japanese trade data and concerns about Greece’s debt caused European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Tuesday, August 21, 2012

Bank and mining shares rose today on hopes that the European Central Bank will soon take steps to ease the region’s debt woes sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With three green lights and an…

Daily Update Monday, August 20, 2012

The European Central Bank’s comments that no steps have been finalized to aid the economy caused European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. Nevertheless, with one green light and an UpUp…