Rising Spanish borrowing costs heightened Euro Zone fears today causing European shares and nine of the the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at…
Growing fears that Spain may require a complete bailout and Greece may go into default caused all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the downside. With three red lights and a DnUp situation Prudent Investors should…
The Price of the VVC/EU continued its winning ways this week gaining €0.12 per share to close at €39.58 per share. The RT continues to move in a tight channel closing another week unchanged. However, the BSR and MTI continued their upward climb. Therefore, with three yellow lights, an UpUp situation…
More optimistic earnings updates from the U.S. softened global economic fears today sending European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long only…
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…