Category: Daily Update

Daily Update Tuesday, March 8, 2016

Discouraging Chinese economic data 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. Therefore, with one red light and a DnUp situation Prudent Investors should not buy stocks if the market continues…

Daily Update Monday, March 7, 2016

Weak banking stocks 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. Nevertheless, three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher…

Daily Update Thursday, March 3, 2016

Despite losses in healthcare stocks sending five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today, European shares managed a slight win overall. With three green lights and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Wednesday, March 2, 2016

European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) moved higher today with gains in banking stocks leading the way. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Tuesday, March 1, 2016

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended higher today after the release of encouraging U.S. economic data. With two green lights and an UpUp situation Prudent Investors may buy stocks long if the market moves…

Daily Update Monday, February 29, 2016

News that the Chinese Central Bank lowered reserve requirements led European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Therefore, with one green light and an UpDn situation Prudent Investors may buy stocks…

Daily Update Thursday, February 25, 2016

Better-than-expected earnings figures from several companies sent European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a sharply higher close today. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks if…

Daily Update Wednesday, February 24, 2016

European stocks and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed sharply lower today as falling crude oil prices dented sentiment. Therefore, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks if the market…