Category: Daily Update

Daily Update Tuesday, December 14, 2010

Despite an upbeat U.S. Retail Sales report, investors remained wary ahead of the U.S. Federal Reserve meeting causing stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close slightly lower today. With three yellow lights and an UpUp…

Daily Update Monday, December 13, 2010

Optimism over the economy along with China’s decision to not raise interest rates managed to push stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly higher today. With two green lights and an UpUp situation Prudent Investors may buy…

Daily Update Thursday, December 9, 2010

A drop in U.S. Jobless Claims along with extended tax cuts in the U.S. sparked a rally on the European markets today driving stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher. With three green lights and…

Daily Update Wednesday, December 8, 2010

With the Vienna exchange closed today, strong performances from the banking and insurance sectors caused stock prices and six of the eight remaining Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close modestly higher. With three green lights and an UpUp situation Prudent Investors…

Daily Update Tuesday, December 7, 2010

News that the U.S. extended Bush-era tax cuts boosted investor confidence today driving stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long as the market…

Daily Update Monday, December 6, 2010

Uneasiness over Euro Zone debt offset gains in the petroleum sector causing stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. However, the Price of the VVC/EU managed to move higher. Therefore, with one green light…

Daily Update Thursday, December 2, 2010

Upbeat U.S. housing data along with news that the European Central Bank had bought Euro Zone bonds boosted investor confidence today pushing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher. With three green lights and an UpUp…

Daily Update Wednesday, December 1, 2010

Better-than-expected U.S. labor data and upbeat Chinese factory data managed to drive stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher today. However, with two green lights and a DnUp situation Prudent Investors should remain on the sidelines…