The Price of the VVC/EU continued to move higher this week, gaining €0.13 per share to close at €45.17 per share. However, our other key indicators, the RT, BSR and MTI, ended lower on a week-over-week basis. This bearish divergence indicates that downside risk outweighs upside potential. Nevertheless, with one green…
Uncertainty surrounding the Italian elections pushed European shares and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into negative territory today. Therefore, with one red light and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders…
European stocks and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after investor sentiment weakened on news of dividend cuts by RSA and Lufthansa. However, advances outweighed declines and the Price of the VVC/EU…
European equities and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) posted strong gains today after investor sentiment in Germany beat expectations. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long only when the…
European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a slighty lower close today with Carlsberg leading the way. However, advances outweighed declines and the Price of the VVC/EU moved higher. Therefore, with one green light…
The Price of the VVC/EU reversed its course again this week, gaining €0.12 per share to close at €45.04 per share. Our other key indicators, the RT, BSR and MTI, ended mixed on a week-over-week basis. With the MACD rising, three yellow lights and an UpUp situation Prudent Investors should only…
Disappointing Euro area gross domestic product data caused European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close in negative territory today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long…
Strong corporate earnings lifted European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long only when the market is…