Category: Daily Update

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…

Daily Update Monday, October 8, 2012

The World Bank’s cut of China’s growth forecast elevated global economic fears today sending European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may…

Daily Update Thursday, October 4, 2012

Uneasiness about Spain and Friday’s U.S. employment report caused European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close moderately lower today. However, advances outweighed declines and the Price of the VVC/EU closed slightly higher. Therefore, with…

Daily Update Wednesday, October 3, 2012

Encouraging data out of the U.S. offset jitters about Spain today helping European stocks and seven of the ten Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close to the upside. With one green light and an UpUp situation Prudent Investors may buy stocks long…