Category: Daily Update

Daily Update Wednesday, November 15, 2017

Profit taking along with falling oil prices led European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with three red lights and a C/Dn situation Prudent Investors should not buy…

Daily Update Tuesday, November 14, 2017

Weak commodity and telecom shares sent European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with two red lights and a DnUp situation Prudent Investors should not buy stocks if the market…

Daily Update Monday, November 13, 2017

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after the release of poor corporate earnings. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks…

Daily Update Thursday, November 9, 2017

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the downside today as investors booked profits. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the market is…

Daily Update Wednesday, November 8, 2017

Losses from banking and financial stocks led European equities and six 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 DnUp situation Prudent Investors should not buy stocks long if the…

Daily Update Tuesday, November 7, 2017

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed to the downside today after the release of disappointing earnings from BMW and Dialog Semiconductor. With three yellow lights and an UpUp situation Prudent Investors may buy stocks…

Daily Update Monday, November 6, 2017

Another round of discouraging earnings reports sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. However, with one green light and an UpUp situation Prudent Investors may buy stocks long only if…

Daily Update Thursday, November 2, 2017

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) fell to a lower close today after the release of poor corporate earnings. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if…