Taking Profits today! The Markets have squirted up more today, as the S&P popped up above 2214 to 2226 soon. We are taking profits today, as the Bullish Sentiment is too HIGH. A normal pull-back would take the S&P 500 down near the Red Line … [Read more...]
Archives for December 2016
Money Wave Buy Alert! Dec 6, 2016
Caution! The DOW is very Over-Bought! The Markets are struggling to get back up to last week's Highs. The DOW & Small Caps made Higher Highs, but the S&P & NAZ have not... Selling should come in soon if the S&P cannot … [Read more...]
Money Wave Buy Alert! Dec 5, 2016
The Markets are quickly back up near the highs today... Several more Money Wave Buys today, but BE CAREFUL buying on TINY PULL-BACKS. This could be FAKE-OUT. A normal pull-back would take the S&P 500 down near the Red Line (50-day … [Read more...]
Weekly Commentary Dec 4, 2016
12/4/2016: Markets were down slightly for the week, after being extremely over-bought. The S&P 500 is back up in the Red Zone on the weekly Chart above, and is also at the Top Bollinger Band from the Trump rally. Normally a … [Read more...]
Money Wave Buy Alert! Dec 2, 2016
The Markets are mixed on Friday as the S&P 500 is trying to hold above yesterday's low of 2187. A normal pull-back would take it down near the Red Line (50-day avg.) but it is already back down in the Green Zone. Many Leaders should … [Read more...]
Money Wave Buy Alert! Dec 1, 2016
The Markets are down today (other that the DOW) as the S&P 500 has dropped Below the Pink Line (10-day avg.) to create a short term Sell Signal now weakening. The S&P 500 is back below above the August High of 2194 .The NAZ and … [Read more...]