The Price of the VVC/EU reversed its two-week upward trend to end €1.12 lower for the week. Our other key indicators, the RT, the BSR and the MTI are also now heading south. So what we thought was the bottom may not have been and we will have to see what’s…
Without any news catalysts to drive prices one way or the other, European equities traded in a narrow range today causing seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end higher. However, declines outweighed advances and the Price of the…
Continuing economic woes plagued the European markets today pushing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower again. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks…
Fears of a deep global recession weighed on investors’ minds today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With two red lights and a DnDn situation Prudent Investors should move to the sidelines and not…
Stronger commodity prices caused European equities and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day higher. With one green light and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing.Aggressive Investors and Traders should…
The Price of the VVC/EU has now risen for the second consecutive week, giving us the preliminary signal of a sustainable uptrend. Now, the Buy to Sell Ratio, BSR, needs to go above 1.00 to signal a Confirmed Up, C/Up. This will not be an easy task with the BSR at…
As expected, the European Central Bank lowered its key interest rate to 3.25% today. Moreover, weakness from the banking and energy sectors drove stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three yellow lights and an…
Falling commodity prices caused European equities and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day lower. With three yellow lights and an UpDn situation Prudent Investors may continue to bargain hunt and bottom fish, but caution is…