Bullish comments from James Bullard, St. Louis Federal Reserve president boosted investor confidence 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 an UpUp situation Prudent Investors may buy stocks long…
After moving higher for three consecutive weeks, the Price of the VVC/EU plummeted this week, losing €0.83 per share to close at €44.00 per share and changing the Primary Wave to Dn. We will now need to see the Price of the VVC/EU move lower for one more week to give…
Ongoing inflation and growth concerns due to the unrest in Libya caused stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With one red light and a DnUp situation Prudent Investors should remain on the…
Concerns that rising crude oil prices could possibly erode global growth caused investors to take profits today sending stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. With three yellow lights and a DnUp situation Prudent Investors should…
Despite strong U.S. Consumer Confidence data, continued concerns over the unrest in Libya caused stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to finish lower today. With three yellow lights and a DnUp situation Prudent Investors should remain…
Unrest in Libya and comments from the European Central Bank regarding inflation sparked a major sell-off today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three yellow lights and a DnUp situation Prudent Investors should…
The Price of the VVC/EU continued on its upward climb this week, gaining another €0.29 per share to close at €44.83 per share. While the Price of the VVC/EU moved higher for the week, the BSR closed lower. This is a bearish divergence that is usually seen at market tops, and…
Despite mixed U.S. economic data, several strong earnings reports managed to send six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, the Price of the VVC/EU managed to move lower. Therefore, with three yellow lights and an UpUp situation…