Category: Daily Update

Daily Update Tuesday, October 2, 2012

News that Spain will seek a bailout helped European shares and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close today’s session moderately higher. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks at this…

Daily Update Monday, October 1, 2012

News of a merger between commodity giants Xstrata and Glencore boosted investor sentiment today helping European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. However, with three yellow lights and a DnUp situation Prudent Investors should not buy…

Daily Update Thursday, September 27, 2012

Investors anticipated new austerity measures by Spain tomorrow helping European stocks and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the upside. However, with three yellow lights and a DnUp situation Investors should remain on…

Daily Update Wednesday, September 26, 2012

News that Spain slipped deeper into a recession in the third quarter bruised investor sentiment today causing European equities and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to fall. With three yellow lights and a DnUp situation Investors should…

Daily Update Tuesday, September 25, 2012

Despite comments from European Central Bank President Mario Draghi that a European banking union may soon be formed, investors remained skittish about global growth prospects causing the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to closed mixed. Nevertheless, with one green light and…

Daily Update Monday, September 24, 2012

Downtrodden German business confidence figures softened market sentiment today causing European stocks and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to tumble. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…

Daily Update Thursday, September 20, 2012

Disappointing Chinese and German manufacturing data dented investor sentiment today causing European shares and six of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to fall. With three yellow lights, an UpUp situation and the Price of the VVC/EU already €0.37 per…

Daily Update Wednesday, September 19, 2012

Impressive U.S. housing data and a stimulus plan for Japan boosted investor sentiment today helping European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher. With one green light and an UpUp situation Prudent Investors may buy…