The Price of the VVC/EU reversed its course again this week, sliding €0.43 per share to close at €42.06 per share, turning the Primary Wave back to Dn. After hitting recent highs on Friday, 5th October, our other key indicators, the RT, BSR and MTI, have declined. Furthermore, the MACD is…
Despite S&P’s downgrade of Spains debt rating, promising U.S. jobless claims figures lifted investor confidence today and sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and an UpUp…
A proposed merger between EADS and BAE fell through today denting market sentiment and sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three yellow lights and a DnUp situation Prudent Investors should move…
The Internaional Monetary Fund cut the global economic growth forecasts for 2012 and 2013 today causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. Nevertheless, with three yellow lights and an UpUp…
The World Bank’s cut of China’s growth forecast elevated global economic fears today sending European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may…
After hitting a new support level of €41.56 per share on Friday, 28th September, the Price of the VVC/EU reversed its course gaining €0.93 per share to close at €42.49 per share, turning the Primary Wave to Up. After also hitting recent lows, our other key indicators, the RT, BSR and…
Uneasiness about Spain and Friday’s U.S. employment report caused European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close moderately lower today. However, advances outweighed declines and the Price of the VVC/EU closed slightly higher. Therefore, with…
Encouraging data out of the U.S. offset jitters about Spain today helping European stocks and seven of the ten Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With one green light and an UpUp situation Prudent Investors may buy stocks long…