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Archives for June 2017

June 7, 2017

Money Wave Alert! Jun 7, 2017

USO Chart

  The Markets are up slightly today, with the Semiconductors & the very Strongest Techs are still pushing higher. The S&P 500 is trying to bounce off the Pink Line (10-day avg.) to avoid a Short Term Sell Signal, as Crude Oil is … [Read more...]

June 6, 2017

Money Wave Alert! Jun 6, 2017

XLK Chart

  The Markets are down slightly today, but the very Strongest Techs are still pushing higher. The S&P 500 has not been up today. Only the Market Darlings seem to have much Buying left at these levels. Traders, RAISE Cash so you will … [Read more...]

June 5, 2017

Money Wave Alert! Jun 5, 2017

SPX Chart

  The Markets are mixed today, after last week's rally. The very Strongest Techs are still pushing slightly higher. The S&P 500 has not been up today.  The Markets have no FEAR, therefore no Sellers as confidence levels are super … [Read more...]

June 4, 2017

Weekly Commentary Jun 4, 2017

SPY Chart

  06/04/2017:  Markets were up again for the week, as momentum pushed the Indices higher. Next week Congress returns, which could put a damper on the enthusiasm. The weekly S&P 500 Chart (see Chart above) closed above the Top Bollinger … [Read more...]

June 2, 2017

Money Wave Alert! Jun 2, 2017

SPY Chart

  The Markets are higher again today, and all of the major Indices are participating on lower Volume. The very Strongest Techs are Blowing Out! The S&P 500 made a Higher high today of 2440.  The Markets have no FEAR, therefore no … [Read more...]

June 1, 2017

Money Wave Alert! June 1, 2017

MCD Chart

A few Darlings are still going higher!  The Markets popped up today, but the very Strongest Techs are not participating in today's rally. The S&P 500 corrected down to 2404 yesterday, and has exceeded last Thursday's High of 2419.  The … [Read more...]

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