Category: Daily Update

Daily Update Tuesday, December 11, 2012

Traditional year-end gains coupled with upbeat economic news out of Germany lifted European equities and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) into positive territory today. Therefore, with three green lights and an UpUp situation Prudent Investors may buy…

Daily Update Monday, December 10, 2012

European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) were led to a slightly higher close today despite the political uncertainty in Italy after Prime Minister Mario Monti announced he will step down before the end of his…

Daily Update Thursday, December 6, 2012

The decision by the European Central Bank to leave its key interest rate unchanged bolstered European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. With three green lights and a C/Up situation Prudent…

Daily Update Wednesday, December 5, 2012

Despite a poor Euro Zone Retail Sales report, news that China’s policy of continued investment would not cease caused European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close in positive territory today. With three yellow lights…

Daily Update Tuesday, December 4, 2012

European equities and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today despite afternoon declines resulting from failed EU banking talks. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only when the…

Daily Update Monday, December 3, 2012

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) were led to a higher close today by emerging manufacturing data out of China. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long…

Daily Update Thursday, November 29, 2012

Expectations that the United State’s fiscal cliff can be avoided lifted European equities and nine 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…

Daily Update Wednesday, November 28, 2012

Renewed concerns surrounding the United State’s looming fiscal cliff caused European equities and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close slightly lower today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks…