The Price of the VVC/EU reversed its course for the third time in as many weeks gaining €0.39 per share from five trading days ago to close at €42.45 per share, turning the Primary Wave Up. After plunging last week, the BSR and MTI rose. Our technical indicator, the RT, also…
Investors awaited the results of the EU Summit causing European stocks and the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session mixed. With three green lights and an UpUp situation Prudent Investors may buy stocks long if the market…
Moody’s decision to keep Spain’s debt rating steady lifted market morale today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) register a modest victory. With three green lights and an UpUp situation Prudent Investors may buy stocks…
News that Spain may seek a line of credit from the European Union’s bailout fund boosted financial shares today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With two green lights and an UpUp…
Progress towards combating Greece and Spain’s economic woes lifted investor sentiment today sending European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. However, with three yellow lights and a DnUp situation Prudent Investors should…
The Price of the VVC/EU reversed its course again this week, sliding €0.43 per share to close at €42.06 per share, turning the Primary Wave back to Dn. After hitting recent highs on Friday, 5th October, our other key indicators, the RT, BSR and MTI, have declined. Furthermore, the MACD is…
Despite S&P’s downgrade of Spains debt rating, promising U.S. jobless claims figures lifted investor confidence today and sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and an UpUp…
A proposed merger between EADS and BAE fell through today denting market sentiment and sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three yellow lights and a DnUp situation Prudent Investors should move…