Concerns surrounding U.S. interest rates sent European equities and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the…
For the second consecutive week, the Price of the VVC/EU moved lower, losing €1.98 per share to close at €73.04 per share, giving us a preliminary signal of a sustainable downtrend. Additionally, our other key indicators, the RT, BSR and MTI, all moved markedly lower on a week-over-week basis. So, with…
Steep declines from healthcare shares dragged European stocks and eight 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 not buy stocks if the market…
Profit taking sent European shares and six of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. However, the Price of the VVC/EU ended higher. With three yellow lights and a DnUp situation Prudent Investors should…
European equities and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as financial and mining shares led the fall. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is…
Another round of discouraging earnings reports sent European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market…
The Price of the VVC/EU reversed its course and began moving lower this week, losing a modest €0.05 per share to close at €75.02 per share and changing the Primary Wave to Dn. We now need to see the Price of the VVC/EU move lower for one more five-day trading period…
A strong euro weighed on the market today and European shares along with seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in negative territory. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only…