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 … [Read more...]
Archives for May 2017
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 & … [Read more...]
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 … [Read more...]
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 … [Read more...]
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 & … [Read more...]
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 … [Read more...]
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 … [Read more...]
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 … [Read more...]
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 … [Read more...]
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 … [Read more...]