Category: Daily Update

Daily Update Tuesday, July 17, 2018

Strong bank and mining shares countered weakness from a round of mixed earnings today and European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in positive territory. With one green light and an UpDn situation Prudent Investors…

Daily Update Monday, July 16, 2018

Upbeat earnings from Deutsche Bank helped limit losses from oil stocks and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. However, the Price of the VVC/EU ended lower. So, with three yellow lights and an UpDn situation Prudent…

Daily Update Thursday, July 12, 2018

Despite continued concerns of a trade war, European shares rebounded today and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. With one green light and an UpDn situation Prudent Investors may buy stocks long only if the market…

Daily Update Wednesday, July 11, 2018

A threat by US President Trump to impose 10% tariffs on a host of Chinese imports sent investors into a tailspin today causing all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close in the red. With three yellow lights…

Daily Update Tuesday, July 10, 2018

Oil stocks led a broad-based rally today and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. With one green light and an UpDn situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders…

Daily Update Monday, July 9, 2018

Strong jobs data in the US Friday sparked a wave of investor optimism today and all of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if…

Daily Update Thursday, July 5, 2018

European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as softening trade rhetoric from the US gave the automobile sector a boost. With three yellow lights and an UpDn situation Prudent Investors may buy stocks…

Daily Update Wednesday, July 4, 2018

Trade fears continued to loom in flat trading today, sending the Price of the VVC/EU and four of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into the red. With three red lights and a DnDn situation Prudent Investors should not buy…