The Price of the VVC/EU reversed its course this week, gaining €0.38 per share from five trading days ago to close at €45.82 per share. However, two of our other key indicators, the RT and BSR, ended lower. This bearish divergence indicates that downside risk outweighs upside potential. Nevertheless, with one…
European shares and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today as investors worried about the Cyprus banking situation. Therefore, with two red lights and an UpUp situation Prudent Investors should remain on the…
Despite positive U.S. economic data, European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in negative territory today. However, advances outweighed declines and the Price of the VVC/EU moved higher. With one red light and an UpUp…
European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today after investor sentiment was hindered by the Cyprus banking situation. However, advances outweighed declines and the Price of the VVC/EU moved higher. With one red light…
The Price of the VVC/EU continued to lose ground this week, falling €0.08 per share from last Friday to close at €45.66 per share. Our other key indicators, the RT, BSR and MTI, also ended lower on a week-over-week basis. Therefore, with our MACD negative, one red light and a DnUp…
Concerns of a collapse in the Cyprus banking system sent European equities and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with one red light and a DnUp situation Prudent Investors should remain on…
As fears surrounding the Cyprus bailout subsided, European stocks and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in positive territory today. Therefore, with two green lights and an UpUp situation Prudent Investors should get their shopping lists ready…
The bank tax in Cyprus continued to hinder investor sentiment sending European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) further into Bear market territory today. Therefore, with two red lights and a DnUp situation Prudent Investors should…