The Price of the VVC/EU managed to end its fourth consecutive week with a gain, adding a modest €0.01 per share to close at €58.22 per share. However, two of our other key indicators, the BSR and MTI, moved lower on a week-over-week basis. The Bearish divergence between the Price of…
European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as investors cheered the Bank of England’s decision to lower interest rates. Nevertheless, with one green light and a DnUp situation Prudent Investors should not buy…
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…
Lower-than-expected earnings figures from several companies sent European stocks 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…
Losses from banking shares along with falling crude oil prices sent European equities 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…
The Price of the VVC/EU continued to move higher for the third consecutive week, advancing €0.56 per share to close at €58.21 per share. Furthermore, our other key indicators, the RT, BSR and MTI, all managed to move higher on a week-over-week basis. With our MACD and DPO in positive territory,…
Steep losses from financial shares sent European equities 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 an UpUp situation Prudent Investors may buy stocks long if the market…
Better-than-expected earnings results from Peugeot and LVMH sent European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with three green lights and an UpUp situation Prudent Investors may buy stocks long…