Category: Daily Update

Daily Update Tuesday, November 1, 2016

With the Vienna exchange being closed for the holiday, European shares and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today as political uncertainty in the U.S. dampened sentiment. Therefore, with two red lights and a DnUp…

Daily Update Monday, October 31, 2016

Declining crude prices sent European equities and 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 DnUp situation Prudent Investors should not buy stocks if the market is falling tomorrow.Aggressive…

Daily Update Thursday, October 27, 2016

European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed modestly lower today as falling crude prices offset gains in banking stocks. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if…

Daily Update Wednesday, October 26, 2016

With the Vienna exchange being closed for the holiday, European equities and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended lower today as pharmaceutical and oil stocks faltered. With three yellow lights and an UpUp situation Prudent…

Daily Update Tuesday, October 25, 2016

Disappointing earnings data from several U.S. companies sent European stocks and 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 an UpUp situation Prudent Investors may buy stocks long only…

Daily Update Monday, October 24, 2016

Gains from banking shares offset losses from pharmaceutical shares sending European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks…

Daily Update Thursday, October 20, 2016

European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today after the European Central Bank left interest rates unchanged. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long if the…

Daily Update Wednesday, October 19, 2016

European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as energy shares led the charge. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is moving…