Category: Daily Update

Daily Update Thursday, August 15, 2019

With the Athens and Milan stock exchanges closed, eight of the other ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today as worries over the global economy continued following a tariff threat from China. With three red lights and a DnDn…

Daily Update Wednesday, August 14, 2019

Concerns of a global recession sent all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. With three red lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors…

Daily Update Tuesday, August 13, 2019

Washington postponed tariffs on goods in China and sent nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly higher close today. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the…

Daily Update Monday, August 12, 2019

Weakness in the banking sector combined with fears surrounding the global economy sent all ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With one red light and an UpDn situation Prudent Investors may buy stocks long only if…

Daily Update Thursday, August 8, 2019

Better-than-expected Chinese exports data helped all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply higher close today. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and…

Daily Update Wednesday, August 7, 2019

Seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly higher today following news of a chemical deal between Bayer and Lanxess. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks if the market is…

Daily Update Tuesday, August 6, 2019

Investors’ fears surrounding the trade war between US and China pushed all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly lower close today. With two red lights and a C/Dn situation Prudent Investors should not buy stocks if…

Daily Update Monday, August 5, 2019

Trade tensions between US/Sino sent all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply lower close today. With three red lights and a DnDn situation Prudent Investors should not buy stocks if the market is falling.Aggressive Investors and…