Weekly Newsletter Friday, November 23, 2012

After hitting a new support level of €41.36 on Friday, 16th November, the Price of the VVC/EU has exploded gaining €0.99 per share to close the week at €42.35 per share. We only need to see the Price of the VVC/EU move higher one more trading week to give us the…

Daily Update Thursday, November 22, 2012

Optimisitic Chinese factory data lifted market morale today sending European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and an UpDn situation Prudent Investors may buy stocks long only when the market…

Daily Update Wednesday, November 21, 2012

European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) were led higher today by investors who watched for any signs of aid to help Greece’s solvency. However, with three yellow lights and a DnDn situation Prudent Investors should…

Daily Update Tuesday, November 20, 2012

Expectations surrounding the approval of future bailout cash for Greece led European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. However, with two red lights and a DnDn situation Prudent Investors should not…

Daily Update Monday, November 19, 2012

Predictions that the United States may be able to avoid another recession lifted European shares and all ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. However, with three yellow lights and a DnDn situation Prudent Investors should not…

Weekly Newsletter Friday, November 16, 2012

On a Friday-over-Friday basis, the Price of the VVC/EU dipped €0.83 per share to close at €41.36 per share. The Price of the VVC/EU fell for two consecutive five-day trading periods on Thursday and, with the BSR below 1.00, we received a C/Dn signal. The BSR, aka “The Canary,” and the…

Daily Update Thursday, November 15, 2012

News that the Euro Zone slipped back into a recession in the third quarter 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. With three red lights and a C/Dn situation Prudent…

Daily Update Wednesday, November 14, 2012

Strikes around the Euro Zone about austerity measures dented market sentiment today sending European shares and eight of the ten major indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three red lights and a DnUp situation Prudent Investors should not…