Despite impressive German sentiment data today, investors continued to cash in on last week’s rally causing 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 yellow lights and an UpUp situation…
Profit takers swooped in today to take advantage of last week’s rally causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With three yellow lights and an UpUp situation Prudent Investors may buy…
The Price of the VVC/EU rose again this week, climbing €0.74 per share from last Friday to close at €42.46 per share, a fourteen-month high. Our other indicators, the RT, BSR and MTI, rose, but be mindful as they are now reaching overbought levels. However, with three green lights, an UpUp…
Investors awaited the U.S. Federal Reserve’s decision about further economic stimulus measures today causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to slide. With three yellow lights and an UpUp situation Prudent Investors may buy…
European shares rose today as Germany’s top court approved the Euro Zone bailout fund helping nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long if…
Hopes that the U.S. Federal Reserve will take actions this week to boost the economy and a German court won’t interfere with the Euro Zone rescue fund helped European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to…
Profit taking and bad economic news out of China caused European equities and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close slightly lower today. However, advances outweighed declines and the Price of the VVC/EU rose. Therefore, with two…
After hitting a new support level of €40.48 per share on 30th August, the Price of the VVC/EU has risen sharply. All and all, the Price of the VVC/EU rose €1.00 per share on a Friday-over-Friday basis to close at €41.72 per share, turning the primary wave back to Up. Our…