Category: Daily Update

Daily Update Tuesday, September 4, 2012

News that the Swiss economy shrank in the second quarter dented market sentiment today causing European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside. With one red light and a DnUp situation Prudent…

Daily Update Monday, September 3, 2012

Hopes that the European Central bank would introduce additional stimulus measures sent European shares and nine of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a higher close today. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should…

Daily Update Thursday, August 30, 2012

Pessimistic Euro Zone business and consumer confidence data and dimmer hopes for more U.S. economic stimulus caused European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close today’s session to the downside. With one red light and a DnUp…

Daily Update Wednesday, August 29, 2012

Profit-taking caused European stocks and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower today. With one red light and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…

Daily Update Tuesday, August 28, 2012

Gloomy Spanish gross domestic product figures added to global economic growth worries 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. With three yellow lights and a DnUp situation Prudent Investors…

Daily Update Monday, August 27, 2012

Hopes for a fresh round of stimulus from the central banks carried European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. However, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines and…

Daily Update Thursday, August 23, 2012

Global economic concerns drug European shares and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Wednesday, August 22, 2012

Disappointing Japanese trade data and concerns about Greece’s debt caused European equities and all the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close to the downside today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long…