Markets are up slightly today, and re-testing Friday's High. The Tech Stocks are still stretching higher, and are holding the Markets up. The S&P 500 is still Above the Pink Line (10-day avg.) of 2568 to avoid a Short Term Sell … [Read more...]
Archives for October 2017
Money Wave Alert! Oct 30, 2017
Markets are down today on profit taking. The S&P 500 is still Above the Pink Line (10-day avg.) of 2566 to avoid a Short Term Sell Signal. Be patient and WAIT for the Leaders to return back down to their Green Zone for Money … [Read more...]
Money Wave Alert! Oct 27, 2017
Markets are higher today on more "Good News" Buying. The S&P 500 was able to hold Above the Pink Line (10-day avg.) of 2562 to avoid a Short Term Sell Signal. AMAZON surprised the Street and made $0.52 / share or $250 Million for … [Read more...]
Money Wave Alert! Oct 26, 2017
Markets popped up today after yesterday's drop. The S&P 500 is still trying to hold Above the Pink Line (10-day avg.) of 2562 to avoid a Short Term Sell Signal. Most of the Leaders coming down from the Red Zones (probably too late … [Read more...]
Money Wave Alert! Oct 25, 2017
Markets are lower today on profit taking. The S&P 500 slipped Below the Pink Line (10-day avg.) this morning. Now it is trying to Close above 2561 to avoid a Short Term Sell Signal. Most of the Leaders are in the Red Zones … [Read more...]
Money Wave Alert! Oct 24, 2017
Markets are re-testing Friday's Highs today. The DOW Index is up more today as Caterpillar and MMM both "Gapped Up" on good Earnings today The Strongest Indices are holding above the the Pink Lines (10-day avgs.) to avoid Short Term Sell … [Read more...]
Money Wave Alert! Oct 23, 2017
Markets are mixed today after Friday's rally. The Strongest Indices are holding above the the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The BioTechs are in the Green Zone, but no Buy Signal yet. Most of the Leaders are … [Read more...]
Green Line Weekly Oct 22, 2017
10/22/2017: Markets squirted higher for the week, as Investors piled in on the Good News of better than expected Earnings and Tax Cut hopes. Historically with an improving Economy, Interest Rates and Inflation would rise. This month, … [Read more...]
Money Wave Alert! Oct 20, 2017
Markets continue to "Melt Up" on Good News and panic Buying. The Strongest Indices bounced up off the Pink Lines yesterday (10-day avgs.) and made Higher Highs today. The BioTechs are still weak, but are in the Green Zone. Most of the … [Read more...]
Money Wave Alert! Oct 19, 2017
Markets "Gapped Down" this morning, but were able to recover after bouncing up off the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The BioTechs are still weak, but in the Green Zone. Most of the Leaders are in the Red … [Read more...]