Category: Daily Update

Daily Update Monday, May 24, 2010

With the Vienna exchange closed today, concerns over the debt crisis outweighed strength from the mining sector causing stock prices and five of the remaining eight Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With one red light and a DnDn situation…

Daily Update Thursday, May 20, 2010

Weak U.S. economic data along with growing concerns over tighter regulations in Europe drove stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower again today. With three red lights and a DnDn situation Prudent Investors should remain on…

Daily Update Wednesday, May 19, 2010

Germany’s move to ban naked short selling pushed the financial sector lower today causing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close deeply in negative territory. With three red lights and a DnDn situation Prudent Investors should…

Daily Update Tuesday, May 18, 2010

Easing debt fears managed to push stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher today. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…

Daily Update Monday, May 17, 2010

Falling metal prices wreaked havoc on the mining sector today causing stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and…

Daily Update Thursday, May 13, 2010

With the Vienna exchange closed today, concerns over financial tightening in Europe offset strong earnings reports causing stock prices and five of the eight remaining Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close slightly lower. However, the Price of the VVC/EU managed to…

Daily Update Wednesday, May 12, 2010

Spain’s plan to cut its budget deficit reassured investors 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 UpDn situation Prudent Investors should get their shopping lists ready to buy high…

Daily Update Tuesday, May 11, 2010

Losses from the banking sector pushed stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. However, the Price of the VVC/EU actually managed to move higher. So with one red light and an UpDn situation Prudent Investors…