Before investing in new stocks it is advisable to check the overall trend of the market and sector to which those stocks belong.

The market is like a sea on which stocks are like boats.

When the tide ebbs all boats come down, and vice versa. So too on the stock market: it is extremely hard to find rising stocks in a bear market.

We therefore recommend that you check the trend of the market on which a stock is traded before you buy that stock, whether to replace a stock you just sold, to start a portfolio or to expand it. You can also check the trend of its specific sector. If both trends are favorable you are on the safe side, especially if you buy a stock recently primed for a rise. If both trends are unfavorable we strongly recommend not to buy. Be patient and keep a high cash position, better days will come. During uncertain periods, be careful. During such periods you could for instance decide to only replace the stocks you sold without acquiring additional holdings.

Stock Engineering determines each week the one-month trend of markets and sectors.
The following color code is used : : favorable : uncertain : unfavorable

Please refer to the " basics of the method " for more information on how those trends are computed

One-month market forecasts.

	12/04	05/04	29/03	22/03
Amsterdam
Brussels
Francfort
Lisbon
London
Milan
Paris
Zurich

	Amsterdam	Brussels	Francfort	Lisbon	London	Milan	Paris	Zurich
Aerospace & Military Technology
Food & Household Products
Insurance
Automobiles
Other unclassified activites
Banking
Electronic Components & Instruments
Industrial Components
Multi-Industry
Merchandising
Electrical & Electronics
Appliances & Households
Construction & Housing
Energy Equipment & Services
Data Processing & Reproduction
Utilities-Electrical & Gas
Wholesale & International Trade
Health & Personal Care
Real Estate
Beverages & Tobacco
Machinery & Engineering
Leisure & Tourism
Building Materials & Components
Broadcasting & Publishing
Metals - Steel
Metals - Non Ferrous
Gold Mines
Forest Products & Paper
Energy Sources
Chemicals
Misc. Materials & Commodities
Recreation, Other Consumer Goods
Business & Public Services
Financial Services
Telecommunications
Transportation - Road & Rail
Transportation - Airlines
Transportation - Shipping
Textiles & Apparel
% favorable sectors	30%	33%	2%	23%	5%	10%	12%	5%
% unfavorable sectors	5%	5%	2%	2%	7%	2%	5%	5%