Markets are down slightly, correcting some of Monday's rally. The S&P 500 has Support at 2322. The Strongest Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ are holding up well. The Reward … [Read more...]
Archives for April 2017
Money Wave Alert! Apr 17, 2017
Markets are bouncing today, after becoming over-sold The S&P 500 must hold Support at 2322. Steel and Oil Stocks have weakened. The Strongest Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ are … [Read more...]
Weekly Commentary Apr 15, 2017
04/015/2017: Markets were down about 1% for the week, as Investors are becoming worried if Congress will agree on Tax Reform and a new HealthCare bill. The major Indices did not bounce off of the Red Lines (see Chart above), which … [Read more...]
Money Wave Alert! Apr 13, 2017
Markets will be Closed on Friday in observance of Good Friday. Markets are down again today, testing the Red Lines (50-day avgs.) The S&P 500 must hold Support at 2322. Bonds are going up as if the Economy is really slowing down. … [Read more...]
Money Wave Alert! Apr 12, 2017
Markets are down again today, testing the Red Lines (50-day avgs.) The Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ still don't have many Sellers. The Reward / Risk ratio of investing now is … [Read more...]
Money Wave Alert! Apr 11, 2017
Markets dropped down in the morning, but the INDICES are holding at the Red Lines. The Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ still don't have many Sellers. The Reward / Risk ratio of … [Read more...]
Money Wave Alert! Apr 10, 2017
Markets are up slightly today on low Volume. The INDICES are holding above the Red Lines, and will either bounce back up to the recent Highs, or fall below. The Financial & BioTechs are not helping a Market rally back up. The Reward … [Read more...]
Weekly Commentary Apr 9, 2017
04/09/2017: Markets were down slightly for the week, as the weekly bounce of the major Indices off of the Red Lines was not impressive. Usually the bounce would quickly go back up to the Highs, or higher... Falling below the … [Read more...]
Money Wave Alert! Apr 7, 2017
Markets are up slightly today on low Volume. The Watch List is growing, as some of the very Strongest have pulled back. The Financial & BioTechs are not helping a rally up. The Reward / Risk ratio of investing now is poor, so … [Read more...]
Money Wave Alert! Apr 6, 2017
We stopped out of most positions yesterday, after the Markets Reversed down on weakness, and FED talk about the UNWINDING of $4.5 TRILLION of Debt. You need to know about this, because for 8 years the FED BOUGHT Bonds to keep rates low, … [Read more...]