With the Berlin and Vienna exchanges closed for the holiday, disappointing Chinese economic data sent European equities and five of the other eight Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly lower close today. However, the Price of the VVC/EU ended…
The Price of the VVC/EU reversed its course and began moving higher this week, gaining €0.26 per share to finish at €57.14 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 the VVC/EU and…
Another round of discouraging earnings reports sent European shares and six 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…
Disappointing earnings figures from JC Decaux and Raiffeisen led European shares and all ten of the 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…
European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today after the release of better-than-expected earnings figures from Pandora. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the…
Better-than-expected German industrial orders sent European equities and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market moves…
For the second consecutive week, the Price of the VVC/EU moved lower, losing €0.98 per share to close at €56.88 per share, giving us a preliminary signal of a sustainable downtrend. Additionally, all of our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. So,…
With the Vienna exchange closed for the holiday, European equities and six of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finished higher today after the release of encouraging earnings figures from BT and Repsol. Nevertheless, with three yellow lights and…