Markets "Gapped Up" today as the Leading Techs and Semiconductors bounced from being Over-Sold. The S&P 500 was also able to hold Above the Pink Line (10-day avg.) around 2435, to avoid a Short Term Sell Signal. The Leading Techs … [Read more...]
Archives for June 2017
Weekly Commentary Jun 18, 2017
Happy Father's Day! 06/18/2017: Markets were mostly mixed for the week, and the TECH Stocks are still battling it out at the Support of the Red Lines (50-day avgs). Money that has left the NASDAQ 100 and the Fab Five FAANG … [Read more...]
Money Wave Alert! Jun 16, 2017
Looks like AMAZON saw that WHOLE FOODS was coming out of a Bear Market, also. Too bad the Relative Strength dropped so low (below 50) yesterday, as we were waiting to Buy WFM for a Long Term Hold. Markets are down slightly today, but … [Read more...]
Money Wave Alert! Jun 15, 2017
Markets are down slightly today, but the DOW is holding up the Markets on buying of Big Blue Chips. The FED raised Short Term Rates yesterday. The S&P 500 is trying to hold Above the Pink Line (10-day avg.) around 2434, to avoid a … [Read more...]
Money Wave Alert! Jun 14, 2017
Markets are down slightly today, after the FED raised Short Term Rates up 1/4%. The S&P 500 is trying to hold Above the Pink Line (10-day avg.) around 2433, to avoid a Short Term Sell Signal. The Leading Techs and … [Read more...]
