A move to rescue U.S. banking giant Citigroup sparked a major rally today driving stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive…
The Price of the VVC/EU managed to struggle through a brutal week losing €2.53 and setting a new all-time low of €31.15 today. Meanwhile, the BSR and the MTI still remain at extremely low levels. We will need to see something major happen in order for this market to turnaround. Moreover,…
Weakness in the banking and petroleum sectors drove stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower today. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play…
Profit warnings and continuing concerns over a deepening recession caused the European markets to close at 5-1/2 year lows today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. With two red lights and a DnDn situation Prudent…
A rally on Wall Street and strength in energy companies pushed stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, the Price of the VVC/EU fell today and we have two red lights and a DnDn…
Mounting global recession concerns continued to haunt the European markets today sending 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 remain on the sidelines.Aggressive Investors and…
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…