Category: Daily Update

Daily Update Monday, August 25, 2008

In light trading due to a holiday in London, weakness in the banking and energy sectors pushed stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly lower today. With one red light and a DnDn situation Prudent Investors…

Daily Update Thursday, August 21, 2008

Fears of an oncoming Eurozone recession shook investor sentiment causing all nine of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy…

Daily Update Wednesday, August 20, 2008

Stronger commodity prices caused European equities and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to end the day higher. Nevertheless, with two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at…

Daily Update Tuesday, August 19, 2008

Renewed credit concerns and weak U.S. economic data caused the European markets to close at their lowest levels in two weeks pushing stock prices and all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) sharply lower today. With three red lights and a…

Daily Update Monday, August 18, 2008

Losses in the automobile, banking and drug sectors sent stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly lower today. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and not buy…

Daily Update Thursday, August 14, 2008

In a volatile day of trading, strength from the energy and mining sectors pushed stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) slightly higher. However, we have three yellow lights and a DnDn situation. Therefore Prudent Investors should…

Daily Update Wednesday, August 13, 2008

Renewed inflation fears and credit concerns sent the European markets tumbling today causing all of the Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close sharply lower. With three yellow lights and a DnDn situation Prudent Investors should move to the sidelines. Aggressive Investors…

Daily Update Tuesday, August 12, 2008

News of further write-downs for U.S. company JPMorgan caused weakness in the banking sector sending stock prices and six of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and an UpDn situation Prudent Investors may continue to…