Weekly Newsletter Friday, October 30, 2009

The Price of the VVC/EU continued to move lower, losing €1.64 to end the week at €38.13 per share. Moreover, we got a Confirmed Down signal on Wednesday when the BSR, a.k.a. the Canary, crossed below 1.00. Therefore, with two red lights and a DnUp situation Prudent Investors should remain…

Daily Update Thursday, October 29, 2009

A strong U.S. GDP report boosted the European markets today, driving stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly higher. With one green light and a DnUp situation Prudent Investors should remain on the sidelines or use…

Daily Update Wednesday, October 28, 2009

Disappointing earnings reports pushed the European markets down today causing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close sharply lower. With two red lights and a Confirmed Down situation Prudent Investors should not buy stocks at…

Daily Update Tuesday, October 27, 2009

Weak U.S. economic data caused investors to take profits driving stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower again today. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and…

Daily Update Monday, October 26, 2009

A late afternoon sell-off caused the European markets to tumble today sending stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines…

Weekly Newsletter Friday, October 23, 2009

The Price of the VVC/EU reversed its two-week upward trend to end €0.37 lower for the week, closing at €30.77. Moreover, our other key indicators, the RT, the BSR and the MTI have continued to head south. With the Price of the VVC/EU currently €0.59 below last Monday’s Price, it is…

Daily Update Thursday, October 22, 2009

Losses from the banking sector pushed stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. With three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy…

Daily Update Wednesday, October 21, 2009

Strong U.S. corporate earnings along with rising oil prices boosted the European markets driving stock prices but only four of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. Therefore, with three yellow lights and a DnUp situation Prudent Investors should…