06/30/2016 Daily Commentary: Markets continued up more today, as the 2nd Quarter ended, and the Funds like to get bonuses. Volume was lower, and the Markets are quickly becoming over-bought, with pajama boys buying before the Holiday on Monday. … [Read more...]
Archives for June 2016
Wednesday Jun 29,2016
06/29/2016 Daily Commentary: Markets bounced more today, as many Funds & Indices went into Money Wave Buys. Volume was lower, so the S&P 500 should go back down soon to re-test Monday's lows. Money Wave Buys on Wednesday for ALB, BBG, … [Read more...]
Tuesday Jun 28, 2016
06/28/2016 Daily Commentary: Markets bounced today, after becoming very over-sold. The Fear Index (VIX) dropped another 20% today, indicating that the Panic Buying of Put Options is drying up. If this is a Wave 2 down, (after completing Wave 1 from … [Read more...]
Monday Jun 27, 2016
06/27/2016 Daily Commentary: Selling continued today, but the Markets are becoming very over-sold. The Fear Index (VIX) dropped 7% today, indicating that the Panic Buying of Put Options is drying up. If this is a Wave 2 down, (after completing Wave … [Read more...]
6/25/2016 Weekly Commentary –
06/25/2016 Weekly Commentary: Markets FAILED below the early June high of 2121 on the S&P 500, and sold off. The S&P 500 should bounce soon near Support of 2026. Wait for Green Zone Buys. The Markets were totally "faked out" on the … [Read more...]
Above the Green Line Alert! 6/24/2016
Friday Morning Comment: Wow, did Markets get the EU vote wrong! S&P 500 has Neckline Support at 2026. Yesterday, S&P Failed to make Higher Highs which was 'Bearish'. Smart Money should now Buy on the 'Bad News' soon. Don't make poor … [Read more...]
SID was up 11% today
06/23/2016 Nimble Traders, tighten Sell Stop loss. SID up 11% today! Related Post - KGC … [Read more...]
Thursday Jun 23, 2016
06/23/2016 Daily Commentary: Markets popped up today, as the S&P 500 is almost back up to the 2121 recent high. Failure to make a Higher High would be "Bearish". Markets obviously know the results of the EU vote, and Smart Money should be … [Read more...]
Wednesday Jun 22, 2016 Markets are waiting on EU vote!
06/22/2016 Daily Commentary: Markets dropped slightly today, waiting on the European Union Vote tomorrow. The S&P 500 should re-test the 2121 recent high. Failure to make a Higher High would be "Bearish". Caution! Many of the Strongest … [Read more...]
Tuesday Jun 21, 2016 Daily Commentary
06/21/2016 Daily Commentary: Markets were up slightly today, on a small range day. The S&P 500 should re-test the 2121 recent high. Failure to make a Higher High would be "Bearish". Caution! Many of the Strongest Funds are back up in the … [Read more...]