European shares and all ten of the other Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the upside today as banking and retail stocks led the charge. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks…
The Price of the VVC/EU reversed its course and began moving lower this week, losing €0.47 per share to close at €69.94 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 to give…
With the Vienna exchange closed for Corpus Christi Day, European shares and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today as retail and resource stocks faltered. With three yellow lights and a DnUp situation Prudent…
Disappointing U.S. economic data led European stocks and six 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 an UpUp situation Prudent Investors may buy stocks long only if the market…
Rebounding banking and technology stocks sent European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the…
Steep declines from technology stocks sent European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if…
The Price of the VVC/EU managed to end its third consecutive week with a gain, adding a modest €0.001 per share to close at €70.407 per share. However, our other key indicators, the RT, BSR and MTI, all moved lower on a week-over-week basis. The Bearish divergence between the Price of…
European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains in banking and mining stocks leading the charge. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long…