The Markets are down slightly today, as the very Strongest Techs are having mild profit taking. The S&P 500 corrected down to 2404 before bouncing... It should re-test last Thursday's High of 2419 again soon. The Financials and … [Read more...]
Archives for May 2017
Money Wave Alert! May 30, 2017
The Markets are mixed again today, but the very Strongest Techs are up higher on low Volume. Still no Sellers today after the S&P 500 was able to make New Highs on Thursday. The Financials are still struggling on fears of Economic … [Read more...]
Weekly Commentary May 28, 2017
NASDAQ 100 is Curving Up on Buying Stampede! 05/28/2017: Markets were up over 1% for the week, on a Buying Stampede of the FANG stocks (FB AMZN NFLX GOOGL) which surged an average of 3.5% each for the week! Momentum has taken over, as the … [Read more...]
Money Wave Alert! May 26, 2017
The Markets are mixed today before the Memorial Day weekend (Markets will be Closed on Monday). No Sellers today after the S&P 500 was able to make New Highs on Thursday. Most Funds are back up in the Red Zones (probably too late … [Read more...]
Money Wave Alert! May 25, 2017
The S&P 500 was able to push thru the 2405 Resistance of Mid May, on below average Volume. The Strongest Indices (Naz 100, Semis & Techs), have also made New Highs today. The NYSE, DOW 30, Small Caps, Transports, Financials & … [Read more...]
Money Wave Alert! May 24, 2017
The Markets are up again today as the S&P 500 is near the 2405 Resistance, on lower Volume. Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term). The Strongest Indices (Naz 100, Semis & Techs), are … [Read more...]
Money Wave Alert! May 23, 2017
The Markets are up slightly today on low Volume, as the Strongest Indices (Naz 100, Semis & Techs), are back up near the recent Highs. As the NAZ 100 has rallied back up (see Chart above), the Volume has dried up (normally Bearish). … [Read more...]
Money Wave Alert! May 22, 2017
Can Apple Make a New High this time Up? The Markets are up again today on low Volume, as the Strongest Indices (Naz 100, Semis & Techs), are going back up again to re-test the recent Highs. Looks like AAPL will give us the clue soon. We … [Read more...]
Weekly Commentary May 21, 2017
05/21/2017: Markets were down slightly for the week, after rebounding from Wednesday's Dump. McDonalds Corp. is up 36% since crossing back Above the Green Line after the Election, and is still 20% Above the Green Line. Apple Inc. is up 51% … [Read more...]
Money Wave Alert! May 19, 2017
The Markets are bouncing again today, as the Strongest Indices (Naz 100, Semis & Techs), are going back up again to re-test the recent Highs. We should find out soon how much money is left to Buy into the Markets at these levels. … [Read more...]