Category: Daily Update

Daily Update Monday, March 25, 2013

European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed lower today after investor sentiment was hindered by the Cyprus banking situation. However, advances outweighed declines and the Price of the VVC/EU moved higher. With one red light…

Daily Update Thursday, March 21, 2013

Concerns of a collapse in the Cyprus banking system sent European equities and all 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 remain on…

Daily Update Wednesday, March 20, 2013

As fears surrounding the Cyprus bailout subsided, European stocks and all of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed in positive territory today. Therefore, with two green lights and an UpUp situation Prudent Investors should get their shopping lists ready…

Daily Update Tuesday, March 19, 2013

The bank tax in Cyprus continued to hinder investor sentiment sending European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) further into Bear market territory today. Therefore, with two red lights and a DnUp situation Prudent Investors should…

Daily Update Monday, March 18, 2013

A controversial bailout proposal for Cyprus sent European shares and nine 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 remain on the sidelines.Aggressive Investors…

Daily Update Thursday, March 14, 2013

Spurred by positive U.S. jobs data, European stocks and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) were lifted into Bull market territory today. Therefore, with three green lights and an UpUp situation Prudent Investors may buy stocks long only…

Daily Update Wednesday, March 13, 2013

Weak earnings reports outweighed positive U.S. data causing European stocks and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only on…

Daily Update Tuesday, March 12, 2013

European equities and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) ended slightly lower today after investors took in cues from a mixed showing on Wall Street. However, with three yellow lights and an UpUp situation Prudent Investors may buy…