Thursday Jun 30, 2016
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. Consumer Staples XLP, Utilities XLU, and Metals & Mining XME all squirted like a big Short Squeeze was put […]
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, CPE, WPX, & XME We did not log CPE & WPX, as both were already up more than 5% […]
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 the Feb lows to Jun high), the target would be about a 62% retracement, to about […]
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 1 from the Feb lows to Jun high), the target would be about a […]
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 results of the EU vote. Hopefully you were able to capture some gains, before […]
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 decisions based on all this news! Related Post – SID
SID was up 11% today
06/23/2016 Nimble Traders, tighten Sell Stop loss. SID up 11% today! Related Post – KGC
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 selling soon on the “Good News”. New Subscribers: Caution! Many of the Strongest Funds […]
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 Funds are back up in the Red Zones. Money Wave Buy on Wednesday for KGC. Soon for TLT & BIG (See Positions below). We will email […]
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 Red Zones. Money Wave Buys soon on Wednesday for TLT, BIG & KGC. (See Positions below). We will email when they are […]