Category: Daily Update

Daily Update Monday, November 17, 2008

Mounting global recession concerns continued to haunt the European markets today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) modestly lower. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and…

Daily Update Thursday, November 13, 2008

Without any news catalysts to drive prices one way or the other, European equities traded in a narrow range today causing seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end higher. However, declines outweighed advances and the Price of the…

Daily Update Wednesday, November 12, 2008

Continuing economic woes plagued the European markets today pushing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower again. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks…

Daily Update Tuesday, November 11, 2008

Fears of a deep global recession weighed on investors’ minds today sending stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With two red lights and a DnDn situation Prudent Investors should move to the sidelines and not…

Daily Update Monday, November 10, 2008

Stronger commodity prices caused European equities and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day higher. With one green light and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing.Aggressive Investors and Traders should…

Daily Update Thursday, November 6, 2008

As expected, the European Central Bank lowered its key interest rate to 3.25% today. Moreover, weakness from the banking and energy sectors drove stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower. With three yellow lights and an…

Daily Update Wednesday, November 5, 2008

Falling commodity prices caused European equities and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day lower. With three yellow lights and an UpDn situation Prudent Investors may continue to bargain hunt and bottom fish, but caution is…

Daily Update Tuesday, November 4, 2008

Positive gains in the financial and defense sectors pushed all nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply higher today. With one green light and an UpDn situation Prudent Investors may continue to bargain hunt and bottom fish.Aggressive Investors and Traders should play…