Profit takers stepped in today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market…
Optimism surrounding the long-awaited Greek debt deal boosted stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher today. With one green light and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive…
The Price of the VVC/EU resumed its upward trend this week, gaining €0.42 per share to end at €40.68 per share. While the RT moved higher this week, the BSR fell and the MTI remained unchanged. The bearish divergence between the Price of the VVC/EU and the BSR suggests that downside…
Despite upbeat U.S. Initial Jobless Claims data, stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) finished the trading session lower on uneasiness surrounding the Greek debt deal. With three yellow lights and a DnUp situation Prudent Investors should…
Upbeat earnings reports offset uncertainty over the Greek debt deal pushing stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, with three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and…
A weaker-than-expected U.S. retail sales report sent stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors…
Merger activity and gains from the banking sector pushed stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. With two green lights and an UpUp situation Prudent Investors may buy stocks long only if the market is…
After moving higher for seven consecutive weeks, the Price of the VVC/EU managed to move lower, shedding €0.16 per share to close the week at €40.26 per share. However, the BSR, aka the Canary, moved higher this week. This bullish divergence suggests that upside potential outweighs downside risk. Nevertheless, with three…