The Markets are up today, as the S&P 500 has been able to go 5 points above the December High of 2277... But the Volume is low and so far it is not a Good Break-Out. The DOW seems determined to trade at 20000. FAILURE here could … [Read more...]
Archives for January 2017
Money Wave Alert! Jan 5, 2017
The Markets are down today, as the S&P 500 is struggling below the December Highs of 2277... FAILURE could cause SELLING. Very few New Highs this time up, makes for Caution! The Strongest Leaders have bounced up from the Green Zones, … [Read more...]
Money Wave Alert! Jan 4, 2107
The Markets are up again today, as the S&P 500 is re-testing the December Highs of 2277... FAILURE could cause SELLING. The Strongest Leaders have bounced up from the Green Zones. Only Buy Investments that made fresh New Highs. The … [Read more...]
Money Wave Alert! Jan 3, 2017
The Markets "Gapped Up" today, as many Investments were becoming Over-Sold for the Short Term. Many Indices are in the Green Zone, but this morning's pop is not holding well. Markets might go down once more. The Strongest Leaders are … [Read more...]
Weekly Commentary Jan 2, 2017
01/02/2017: Markets were down about 1% for the week, as the weaker Indices are finally dropping down towards their Red Lines (50-day averages)... which should create a nice Buying Trade back up. Many of the Leading Funds are back down … [Read more...]