Category: Daily Update

Daily Update Wednesday, January 23, 2019

Despite several downtrodden earnings reports and concerns about global growth, European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to close higher. With two green lights and a UpUp situation Prudent Investors may buy stocks long if…

Daily Update Tuesday, January 22, 2019

Concerns over global growth hit the markets and led European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a close lower today. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long only…

Daily Update Monday, January 21, 2019

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today following the release of weak Chinese fourth quarter GDP data. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long only if…

Daily Update Thursday, January 17, 2019

A profit warning from Societe General dented sentiment and led European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a slightly lower close today. With three yellow lights and a UpUp situation Prudent Investors may buy stocks…

Daily Update Wednesday, January 16, 2019

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today on optimism following British Prime Minister May’s defeat in the Brexit vote. With one green light and a UpUp situation Prudent Investors may buy stocks long…

Daily Update Tuesday, January 15, 2019

Despite concerns over the lousy loans that hit Italian banks and skepticism dominating a key Brexit vote, European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to end higher. With two green lights and a UpUp situation…

Daily Update Monday, January 14, 2019

Weak Chinese trade data sent European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and a UpUp situation Prudent Investors may buy stocks long only if the market is…

Daily Update Thursday, January 10, 2019

Despite uncertainty surrounding the US/China trade deal and lackluster earnings in the auto and retail sectors, European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended slightly higher today. With three yellow lights and a UpUp situation Prudent…