Category: Daily Update

Daily Update Monday, June 2, 2008

With the Irish Stock Exchange closed today, weakness in the banking sector snapped a three day rally in European equities sending all of the eight other Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower. We currently have three yellow lights and an UpUp situation. Therefore…

Daily Update Thursday, May 29, 2008

A rally in the energy sector pushed stock prices and seven of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher again today. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and…

Daily Update Wednesday, May 28, 2008

Strength in the technology and chemical sectors drove stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and…

Daily Update Tuesday, May 27, 2008

Renewed inflation fears and credit concerns sent stock prices and eight of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower again today. With one red light and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at…

Daily Update Monday, May 26, 2008

Fears of additional write-downs from UBS pushed stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) lower today. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and Traders…

Daily Update Thursday, May 22, 2008

Strength in the telecom and mining sectors drove stock prices and five of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) higher today. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and…

Daily Update Wednesday, May 21, 2008

Renewed inflation concerns due to rising oil sent 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 a DnUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and…

Daily Update Tuesday, May 20, 2008

Record high oil prices and troubling U.S. inflation data weighed on investors today causing stock prices and all of the nine Major Indexes (AEX, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to close lower. With three yellow lights and an UpUp situation Prudent Investors should use caution…