News of action taken by governments and central banks to revive the credit markets caused the European markets to log their biggest one-day percentage advance on record sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher today….
The Price of the VVC/EU closed at €34.40 today, its lowest level that has ever been recorded. Our other primary indicators, the RT, BSR and MTI, also hit their lowest lows on record. With the current level of the indicators, the next big move most definitely will have to be to…
Despite an early rally, weakness in the banking and oil sectors drove stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and…
Continuing concerns over economic growth and the credit crisis created chaos for the European markets today pushing 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…
Mounting concerns over the health of the financial sector caused stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close sharply lower today. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines…
The European markets suffered their worst one-day percentage fall on record causing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to plummet today. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and…
The Price of the VVC/EU shattered the support level of €42.09 hit on September 18th, setting a new all-time low of €40.89 on Thursday. This is now the next major support level. The Price of the VVC/EU has now gone down, week-over-week, for the third consecutive week and for the fourth…
Bleak U.S. economic data sparked renewed recession concerns causing investors to sell today sending stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines…