Weekly Newsletter Friday, December 12, 2008

The Price of the VVC/EU rose €0.56 last week to close at €32.13, changing the Primary Wave to Up. The Price of the VVC/EU will have to go up €0.33 on Monday in order for us to continue with a Primary Up. This is a possible task, but something big will…

Daily Update Thursday, December 11, 2008

Mounting concerns over a deep recession drove stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today and snapping a three-day winning streak. With three yellow lights and an UpDn situation Prudent Investors may continue to go bargain…

Daily Update Wednesday, December 10, 2008

Strong gains from the mining sector sent stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly higher today. With one green light and an UpDn situation Prudent Investors may continue to go bargain hunting and bottom-fishing.Aggressive Investors and…

Daily Update Tuesday, December 9, 2008

Gains in the automobile sector pushed stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. With one green light and an UpDn situation Prudent Investors may go bargain hunting and bottom-fishing.Aggressive Investors and Traders should play the…

Daily Update Monday, December 8, 2008

While the Vienna exchange was closed today, strength from the financial sector and an optimistic outlook that government stimulus packages will help the economy managed to drive stock prices and the other eight Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher. With three…

Weekly Newsletter Friday, December 5, 2008

The Price of the VVC/EU reversed its course last week falling €1.30 to close at €31.57. Moreover, it is now only €0.42 per share away from the all-time low of €31.15 per share set on November 21st. This is a major support level. If the Price of the VVC/EU continues to…

Daily Update Thursday, December 4, 2008

The European Central Bank lowered its key interest rate to 2.5% today having no positive effect on stock prices. Moreover, weakness from the mining sector caused European equities and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. However,…

Daily Update Wednesday, December 3, 2008

Awaiting the European Central Bank’s interest rate decision, strength from the pharmaceutical and telecom sectors drove stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly higher today. With three yellow lights and a DnDn situation Prudent Investors should…