Impressive U.S. housing data and corporate results boosted investor sentiment today sending European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With three green lights and an UpUp situation Prudent Investors may buy stocks…
Gloomy comments from U.S. Federal Reserve Chairman Ben Bernanke sent European shares lower in late trading today and caused the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close mixed. With a mixed bag and an UpUp situation Prudent Investors should use caution…
Disappointing U.S. retail sales figures led investors to take profits today causing the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close mixed. With one green light and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive…
The winning streak extended to six straight weeks as the Price of the VVC/EU gained €0.18 per share from last Friday to close at €39.46 per share. However, the RT and BSR were unchanged, while the MTI, our long-term indicator, declined on a Friday-over-Friday basis. This bearish divergence between the Price…
Expectations that the U.S. Federal Reserve will take actions to stimulate the economy diminished after minutes from their June meeting were released denting investor sentiment and sending all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three red…
Despite Spain’s new austerity package lifting investor sentiment, poor earnings reports from the U.S. heightened global economic worries causing the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end today’s session mixed. With one red light and a DnUp situation Prudent Investors should…
Expectations that the Euro Zone will put its rescue fund into action soon boosted European shares today and helped nine of the the ten major indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. However, with one green light and a DnUp situation Prudent…
A slew of pessimistic economic and corporate updates punished European stocks today and caused six of the ten major indexes(AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. With two red lights and a DnUp situation Prudent Investors should move to the…