Daily Update Thursday, October 26, 2017

With the Vienna exchange being closed for the holiday, European shares and all of the other nine Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed sharply higher today as investors cheered the European Central Bank’s decision to continue its bond buying programme. Therefore,…

Daily Update Wednesday, October 25, 2017

Disappointing earnings results sent European shares and nine of the ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks long if the market…

Daily Update Tuesday, October 24, 2017

European equities and five of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) managed to end higher today despite caution ahead of the upcoming central bank meetings. Nevertheless, with three yellow lights and a DnUp situation Prudent Investors should not buy stocks…

Daily Update Monday, October 23, 2017

European shares and seven of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) closed higher today as gains from the mining sector offset losses from the banking sector. However, with three yellow lights and a DnUp situation Prudent Investors should not buy…

Daily Update Thursday, October 19, 2017

Disappointing earnings results from several companies along with political concerns in Spain sent European shares and all ten of the Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. Therefore, with one red light and a DnUp situation Prudent…

Daily Update Wednesday, October 18, 2017

Upbeat earnings helped European shares and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) close higher today. Therefore, with two green lights and an UpUp situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders…

Daily Update Tuesday, October 17, 2017

Weak commodity prices sent European equities and eight of the ten Major Indexes (AEX, ASE, ATX, BEL, CAC, DAX, IGBM, ISE, MIBTEL & PSI) to a lower close today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive…