The Price of the VVC/EU reversed its course last week falling €1.38 to close at €31.64. Moreover, it is now only €0.49 per share away from the all-time low of €31.15 per share set on November 21, 2008. This is a major support level. If the Price of the VVC/EU continues…
As expected, the European Central Bank lowered its key interest rate to 2% today. Moreover, weakness from the banking and energy sectors drove stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly lower. With three red lights and…
Weakness from the banking sector wreaked havoc again today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks…
The European markets took another hit today on weakness from the banking sector causing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With two red lights and a DnDn situation Prudent Investors should remain on the…
Weakness from the energy and automobile sectors caused the European markets to fall today driving stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly lower. With three yellow lights and a DnDn situation Prudent Investors should move to the…
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 ending at 0.78 today, it…
Losses from the banking and mining sectors pushed stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and an UpDn situation Prudent Investors may continue to go bargain hunting and bottom-fishing, but caution…
Weaker commodity prices caused European equities and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day slightly lower. With three yellow lights and an UpDn situation Prudent Investors may continue to go bargain hunting and bottom-fishing, but caution…