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...]
Archives for 2017
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...]
Money Wave Alert! Oct 18, 2017
Markets "Gapped Up" today on panic buying of IBM and other DOW Stocks. The NASDAQ is mixed, and the S&P is only up 0.17% today. Not many Investments are making New Highs (like the Indices are). Most Indices are holding above the Pink … [Read more...]
Money Wave Alert! Oct 17, 2017
Markets are up slightly again today, but not many Investments are making New Highs (like the Indices are). Most Indices are holding above the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. Most of the Leaders are in the Red … [Read more...]
Money Wave Alert! Oct 16, 2017
Still no Sellers as the Semiconductors squirted higher. Markets are up slightly again today, and are holding above the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The BioTech Fund went higher early today on a possible … [Read more...]
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