No Money Wave Buys today… We are again raising Sell Stop Limits on: ALB, WCN, & XME. Date Symbol Type Purchase Price Stop Loss Status Current Price* Comments 6/27/2016 WCN $69.46 $72.54 Open $72.89 Money … [Read more...]
Archives for July 2016
Monday Jul 11, 2016
Daily Commentary 07/11/2016 Daily Commentary: Markets popped up to new Highs today, but on low Volume. Some of the buying was Short Covering. Some Investors seem to be buying because Interest Rates collapsed last week. Historically that is not a … [Read more...]
Weekly Commentary – Jul 9, 2016
07/09/2016 Weekly Commentary: Markets went down to the Green Lines on Tuesday, and then bounced up thru the Resistance of 2111 and Closed near the highs. Volume was not high, and many seem to be buying because Interest Rates collapsed for the … [Read more...]
S&P 500 was able to get above recent 2111 Resistance $SPX $SPY $INDU
Related Post - S&P is coming down slowly. Probably “M” pattern back up soon. … [Read more...]
Thursday Jul 7, 2016
07/07/2016 Daily Commentary: Markets went up to Resistance of 2111 today on the S&P, and then pulled back on low Volume. A larger pull-back could happen soon if the S&P FAILS tomorrow around 2111. Crude Oil dropped 5% today. Caution! Most of … [Read more...]
Wednesday July 6, 2016
07/06/2016 Daily Commentary: Markets went down this morning, and bounced at the Pink Lines (10-day avgs.) The S&P should re-test recent highs of 2111 soon. A larger pull-back could happen soon if the S&P FAILS around 2111. Interest Rates … [Read more...]
Tuesday Jul 5, 2016 Market rally paused from falling Oil Prices
07/05/2016 Daily Commentary: Markets dropped slightly today, as most of the Leaders are back up in the Red Zones. S&P should re-test recent highs soon. Oil prices dropped 5% today, and Interest Rates plunged to new lows. Bonds blew up to new … [Read more...]
S&P is coming down slowly. Probably “M” pattern back up soon.
Related Post - 10 Year Note … [Read more...]
Interest Rates tanking does NOT SIGNAL a Strong Economy!
Rates on 10-year Notes have collapsed! Related Post - GDX … [Read more...]
7/2/2016 Weekly Commentary
07/02/2016 Weekly Commentary: Markets popped up 3% for the week, after banging on the Green Line on the Monday sell-off. Interest Rates have collapsed. Bonds blew up to new highs, and Gold made new Highs. HUH? Somebody will be wrong. Be careful in … [Read more...]