Losses in the automobile, banking and drug sectors sent stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly lower today. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and not buy…
The Price of the VVC/EU moved up and down throughout the week, finally ending lower at €46.60. Moreover, the Primary Wave is now back to Dn. Also, the RT of the VVC/EU fluctuated in a very tight range last week and is showing signs that the European markets are lacking any…
In a volatile day of trading, strength from the energy and mining sectors pushed stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly higher. However, we have three yellow lights and a DnDn situation. Therefore Prudent Investors should…
Renewed inflation fears and credit concerns sent the European markets tumbling today causing all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close sharply lower. With three yellow lights and a DnDn situation Prudent Investors should move to the sidelines. Aggressive Investors…
News of further write-downs for U.S. company JPMorgan caused weakness in the banking sector sending 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 an UpDn situation Prudent Investors may continue to…
The European markets ended at a six-week high today as rising oil prices pushed the energy sector higher allowing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close sharply higher. With three yellow lights and an UpDn situation…
The Price of the VVC/EU reversed its trend this week, ending €0.42 higher and changing the Primary Wave to Up. The Price of the VVC/EU will have to go up one more week to give a preliminary signal of a sustainable upturn. Moreover, our other key indicators, the RT, the BSR…
Although the European Central Bank left its key interest rate unchanged at 4.25%, profit takers stepped in today pushing stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. With three yellow lights and an UpDn situation Prudent Investors…