Money Wave Alert! May 18, 2017
The Markets are bouncing today, as the S&P 500 is trying to Close back Above the Red Line (50-day avg.) to avoid a Medium Term Sell Signal. The Strongest Indices have not come down much (Naz 100, Semis & Techs), but did Close Below the Pink Lines for Short Term Sell Signals. The Strongest Indices […]
Money Wave Alert! May 17, 2017
The broad Markets stalled at the March Highs, and most Funds were in the Red Zones (probably too late to Buy for the Short Term), so traders took profits. The Strongest Indices have not come down much (Naz 100, Semis & Techs), but are falling Below the Pink Lines for Short Term Sell […]
Money Wave Alert! May 16, 2017
No news today, and no movement in the Markets. The Markets won’t dip down enough to create Green Zone Buys yet. The Strongest Indices have continued higher today (Naz 100, Semis & Techs), to avoid falling Below the Pink Lines (Short Term Sell Signals). Please be patient and WAIT for Opportunities. The New York […]
Money Wave Alert! May 15, 2017
The Strongest Indices have pushed a little higher today (Naz 100, Semis & Techs), to avoid falling Below the Pink Lines (Short Term Sell Signals). Please be patient and WAIT for Opportunities… The Leaders are Way Above the Green Lines. The S&P 500 & DOW are still struggling to go above the March Resistance. […]
Weekly Commentary May 14, 2017
Happy Mother’s Day! 05/14/2017: Markets were down slightly for the week, as the Indices stalled at the March Highs. The NASDAQ 100, Techs & World Indices have gotten stronger, while the DOW, Financials, Transports, Metals & Commodities have all weakened. We should find out soon if there is more Money remaining to push the Markets higher. […]
Money Wave Alert! May 12, 2017
It looks like the Markets are not going to correct until Apple completes its Melt Up (opposite of Melt Down). Mutual Funds are panic buying Apple 26% Above the Green Line! The S&P 500 & DOW finally slipped below the Pink Lines (10-day avg.) but not much selling yet. The Strongest Leaders (Techs & NASDAQ […]
Money Wave Alert! May 11, 2017
The S&P 500 & DOW finally slipped below the Pink Lines (10-day avg.) and some selling came in this morning. The Strongest Leaders (Techs & NASDAQ 100) quickly bounced off the Pink Lines, so the Markets were able to recover most of this morning’s loss. The DOW, NYSE & Transport Indices have still not made it […]
Money Wave Alert! May 10, 2017
Micron is back up near the Highs! Markets are at total Equilibrium (same amount of Buyers & Sellers) at the March Highs (Resistance). The S&P 500 is still barely holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. The DOW, NYSE & Transport Indices have still not made it back up […]
Money Wave Alert! May 9, 2017
Markets still cannot decide to push up thru Resistance, or Fail today. The S&P 500 is still barely holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. The DOW, NYSE & Transport Indices have still not made it back up to the March Highs. The Reward / Risk ratio […]
Money Wave Alert! May 8, 2017
Markets cannot decide to push up thru Resistance, or Fail today. The S&P 500 is still holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. The DOW, NYSE & Transport Indices have still not made it back up to the March Highs. The Reward / Risk ratio of investing […]