Category: Daily Update

Daily Update Wednesday, June 26, 2019

European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly lower today following disappointing remarks from the US Fed on rate cuts. With two red lights and a DnUp situation Prudent Investors should not buy stocks if…

Daily Update Tuesday, June 25, 2019

Fears surrounding the increasing tension between US and Iran sent nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly lower close today. With one red light and a DnUp situation Prudent Investors should not buy stocks if the…

Daily Update Monday, June 24, 2019

Downtrodden German economic data combined with a profit warning from Daimler to send nine of the ten 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 should only buy stocks…

Daily Update Thursday, June 20, 2019

A dovish outlook from the Bank of England and the US Fed combined with the anticipation of the upcoming US/Sino trade talks sent five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a modestly higher close today. With two green…

Daily Update Wednesday, June 19, 2019

Despite investor optimism surrounding the release of the US Fed policy statement, European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed slightly lower today. With three yellow lights and a UpUp situation Prudent Investors should only buy…

Daily Update Tuesday, June 18, 2019

All of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed sharply higher after ECB chief Draghi’s comments on a possible rate cut. With two green lights and a UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive…

Daily Update Monday, June 17, 2019

With the Athens exchange closed, seven of the other 10 Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly lower following Lufthansa’s profit warning. With two red lights and an DnUp situation Prudent Investors should not buy stocks if the market is falling.Aggressive…

Daily Update Thursday, June 13, 2019

Gains in the metal and mining sectors sent eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and a UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors…