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…
Downtrodden German business confidence figures softened market sentiment today causing European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to tumble. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…
After hitting a new resistance level of €42.46 on Friday, 14th September, the Price of the VVC/EU has declined to the tune of €0.15 per share to close the week at €42.31 per share, turning the Primary Wave to Dn. Our other key indicators, the RT, BSR and MTI, also fell…
Disappointing Chinese and German manufacturing data dented investor sentiment today causing European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to fall. With three yellow lights, an UpUp situation and the Price of the VVC/EU already €0.37 per…
Impressive U.S. housing data and a stimulus plan for Japan boosted investor sentiment today helping European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. With one green light and an UpUp situation Prudent Investors may buy…