Weakness in financial stocks pushed stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three red lights, a DnDn situation and the assumption that stocks prices will continue moving lower tomorrow Prudent Investors should remain on the…
The Price of the VVC/EU reversed its course last week falling €0.44 to close at €30.86. Furthermore, it is now only €0.66 per share away from the all-time low of €30.20 per share set on January 23rd. This is the next major support level. If the Price of the VVC/EU continues…
Weakness in the banking sector pushed stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower today. With two red lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive…
A mixed bag of earnings reports along with disappointment over the U.S. bank rescue plan caused investors to sell today sending stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly lower. With three yellow lights and an UpDn…
The European markets took a hit today after the U.S. government released the details of the financial rescue plan driving stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three yellow lights, an UpDn situation and the…
Strong gains from the banking and energy sectors pushed stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly higher today. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom-fishing, but caution is…
The Price of the VVC/EU has now risen for the second consecutive week, giving us the preliminary signal of a sustainable uptrend. Now, we will need to see the Buy to Sell Ratio, BSR, go above 1.00 to signal a Confirmed Up, C/Up. With the BSR only ending at 0.60 today,…
Losses from the financial sector along with dreary economic data sent stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive…