Markets are up more today, as Mutual Funds insist on Buying on the Highs. Most of the Leaders are in the Red Zones (probably too late to Buy for the Short Term) so Short Term Traders should raise CASH, or have tight Sell Stops in. Please … [Read more...]
Archives for July 2017
Money Wave Alert! Jul 18, 2017
Markets are mixed again today, as the DOW is down, but the NASDAQ 100 is up with NFLX Earnings. NFLX is up 14% today with a 200+ P/E Ratio, as the Mutual Funds pile in, and the Shorts get Blown Out. There is little follow thru of buying … [Read more...]
Money Wave Alert! Jul 17, 2017
Markets are mixed today, as there is little follow thru of buying after the S&P 500 was able to make New Highs today on Friday. The June High of 2453 was exceeded by about 10 points. The Tech Stocks are mostly in the Red Zones … [Read more...]
Weekly Commentary Jul 16, 2017
07/16/2017: Markets finally bounced off the Red Lines (50-day avg.) and are back up to the Highs. We will see if the S&P 500 can push higher this week. Most Funds are in the Red Zones, so Short Term Traders should be raising … [Read more...]
Money Wave Alert! Jul 14, 2017
Markets are up again today, as the S&P 500 has been able to make New Highs today on lower Volume. The June High of 2453 was exceeded by about 7 points today. The Tech Stocks are mostly in the Red Zones (probably too late to Buy for … [Read more...]
Money Wave Alert! Jul 13, 2017
Markets are up slightly today, as the S&P 500 tries to make New Highs soon so the rally can continue. The June High was 2453, about 4 points higher than today. The Tech Stocks are mostly in the Red Zones, and are struggling today … [Read more...]
Money Wave Alert! Jul 12, 2017
Markets "Gapped Up" today, as the S&P 500 tries to make New Highs soon so the rally can continue. The June High was 2453, about 8 points higher than today. The Tech Stocks are mostly in the Red Zones (probably too late to Buy for … [Read more...]
Money Wave Alert! Jul 11, 2017
Markets are up slightly again today, as the S&P 500 tries to make New Highs soon so the rally can continue. The Tech Stocks are quickly getting back up into the Red Zones (probably too late to Buy for the Short Term). Bonds have … [Read more...]
Money Wave Alert! Jul 10, 2017
Markets are up slightly today, as buyers decided that the S&P 500 would hold at the Red Line (50-day avg.) Now it must make New Highs soon for the rally to continue. The Tech Stocks are bouncing out of the Green Zone. Bonds … [Read more...]
Weekly Commentary July 9, 2017
07/09/2017: Markets were mixed again for the week, as the S&P 500 has been hoovering Above the Red Line (50-day avg.) for 6 weeks. Several of the FAANG Stocks (AAPL NFLX & GOOGL) have Closed but their Red Lines. The TECH … [Read more...]