Category: Daily Update

Daily Update Monday, October 22, 2012

Dissapointing Japenese export figures and doubts surrounding the Spanish bailout caused European equities and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside today. With three yellow lights, an UpUp situation and the Price of the…

Daily Update Thursday, October 18, 2012

Investors awaited the results of the EU Summit causing European stocks and the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session mixed. With three green lights and an UpUp situation Prudent Investors may buy stocks long if the market…

Daily Update Wednesday, October 17, 2012

Moody’s decision to keep Spain’s debt rating steady lifted market morale today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) register a modest victory. With three green lights and an UpUp situation Prudent Investors may buy stocks…

Daily Update Tuesday, October 16, 2012

News that Spain may seek a line of credit from the European Union’s bailout fund boosted financial shares today helping European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With two green lights and an UpUp…

Daily Update Monday, October 15, 2012

Progress towards combating Greece and Spain’s economic woes lifted investor sentiment today sending European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. However, with three yellow lights and a DnUp situation Prudent Investors should…

Daily Update Thursday, October 11, 2012

Despite S&P’s downgrade of Spains debt rating, promising U.S. jobless claims figures lifted investor confidence today and sent European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close. With one green light and an UpUp…

Daily Update Wednesday, October 10, 2012

A proposed merger between EADS and BAE fell through today denting market sentiment and sending European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. With three yellow lights and a DnUp situation Prudent Investors should move…

Daily Update Tuesday, October 9, 2012

The Internaional Monetary Fund cut the global economic growth forecasts for 2012 and 2013 today causing European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. Nevertheless, with three yellow lights and an UpUp…