The Markets "Gapped Up" today, but the Buying is still not powerful. The major Indices are going back up to re-test the recent Highs, but the Financial & BioTechs are not helping. Markets Failing to make New Highs soon could cause … [Read more...]
Archives for April 2017
Money Wave Alert! Apr 4, 2017
The Markets can't decide if the Economy is getting stronger or weaker... The recent Bond bounce, and the Financial & Commodity drop shows weakness. The Economy needs to show faster growth for higher Interest Rates and Inflation, which … [Read more...]
Money Wave Alert! Apr 3, 2017
The Markets dropped down today as most of the Leaders were back up in the Red Zones. This could still be part of the mild one month Wave 4 down Correction (see Chart above). The major Indices should go back up to re-test the recent … [Read more...]
Weekly Commentary for Apr 1, 2017
04/01/2017: REALITY CHECK TIME. Since the Trump Rally began on Nov 8th (or when the Market bounced off the Green Line), the S&P 500 is up 10.8%. If you are expecting more upside on the Markets without a pull-back, you will probably be … [Read more...]