Weekly Commentary May 7, 2017
05/07/2017: Markets were up for the week, as the Indices are finally re-testing 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. The Volatility Index is […]
Money Wave Alert! May 5, 2017
Markets are up slightly today, as Crude Oil has recovered a little. The S&P 500 is still holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal (see Chart above). The S&P, DOW, NYSE & Transport Indices have still not made it back up to the March Highs. Try to […]
Money Wave Alert! May 4, 2017
Markets are still mixed today, even with the House passing a new Heath Care Act. The S&P 500 is barely holding Above the Pink Line (10-day avg.), and should burp up soon. The S&P, DOW, NYSE & Transport Indices have still not made it back up to the March Highs. Try to unload investments […]
Money Wave Alert! May 3, 2017
Markets are mixed again today, as the S&P 500 dipped down to the Pink Line (10-day avg.), and should burp up soon. The S&P, DOW, NYSE & Transport Indices have still not made it back up to the March Highs. Try to unload investments that you own that are struggling (not making New Highs), […]
Money Wave Alert! May 2, 2017
Markets are mixed today, and the S&P 500 is going sideways at the March Highs (see Chart Above). Maybe another burp up soon. AAPL Earnings are today after the Close. Try to unload investments that you own that are struggling (not making New Highs), so you will have Cash to Buy again in the […]
Money Wave Alert! May 1, 2017
Markets are up slightly today, and the Big NAZDAQ Darlings like AMZN GOOGL NFLX & MSFT are pushing higher on AAPL Earnings on Tuesday. Try to unload investments that you own that are struggling (not making New Highs), so you will have Cash to Buy again in the Green Zones! This should be the Wave 5 […]