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…
News that Spain will seek a bailout helped European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close today’s session moderately higher. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this…
News of a merger between commodity giants Xstrata and Glencore boosted investor sentiment today helping European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. However, with three yellow lights and a DnUp situation Prudent Investors should not buy…
The Price of the VVC/EU fell again this week, sliding €0.75 per share from last Friday to close at €41.56 per share, giving us the preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, continue to decline. Furthermore, our MACD signal turned negative Thursday. Therefore,…
Investors anticipated new austerity measures by Spain tomorrow helping European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the upside. However, with three yellow lights and a DnUp situation Investors should remain on…
News that Spain slipped deeper into a recession in the third quarter bruised investor sentiment today causing European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to fall. With three yellow lights and a DnUp situation Investors should…
Despite comments from European Central Bank President Mario Draghi that a European banking union may soon be formed, investors remained skittish about global growth prospects causing the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to closed mixed. Nevertheless, with one green light and…