Markets were mixed today after "Gapping Up" on the opening. The S&P 500 is not dumping much after Closing below the Pink Line of 2832 (10-day avg.). The Watch List is growing as more Investments are correcting back down to their … [Read more...]
Archives for January 2018
Money Wave Alert! Jan 30, 2018
Markets were down today as several Indices broke their Pink Lines (10-day avgs.) to create Short Term Sell Signals. The S&P 500 is still fighting it out at the Pink Line of 2831 (10-day avg.). As the Markets pull-back, try to … [Read more...]
Money Wave Alert! Jan 29, 2018
Markets were down slightly today, as Apple Inc. has put downward pressure on the DOW Index. When the Markets quit popping up from good Earnings, a pull-back will normally begin. The S&P 500 has Support at the Pink Line of 2827 … [Read more...]
Green Line Weekly Jan 28, 2018
01/28/2018: Markets were up another 2% for the week, as the "Melt Up" continued. Earnings have been better than expected on many companies to push the Markets higher. Bonds fell as the yield on the 10-year Treasury rise to 2.66%. This rise in … [Read more...]
Money Wave Alert! Jan 26, 2018
Markets were higher today, as mostly better Earnings continued to come out. When the Markets quit popping up from good Earnings, a pull-back will normally begin. The S&P 500 has Support at the Pink Line of 2818 (10-day avg.). Most … [Read more...]
Money Wave Alert! Jan 25, 2018
Markets were mixed again today, but a few DOW stocks are masking the weakness and selling. Many stocks are down today. When the Markets quit popping up from good Earnings, a pull-back will normally begin. The S&P 500 has Support at … [Read more...]
Money Wave Alert! Jan 24, 2018
Markets were mixed today, as the Tech stocks were weak. The Indices are curving up on the excitement of Earnings. When the Markets quit popping on good Earnings, a pull-back will normally begin. The S&P 500 has Support at the Pink … [Read more...]
Money Wave Alert! Jan 23, 2018
Markets were up slightly again today, as the Mutual Funds loved Netflix's Earnings of $0.41 last quarter on a $250 stock. NFLX is growing well, but the stock is up 25X in 5 yrs, compared to the S&P 500 of about 2.4X. Smart Money will … [Read more...]
Money Wave Alert! Jan 22, 2018
Markets were up again today, as Earnings are starting to come out. The Indices are curving up on the excitement. The S&P 500 has Support at the Pink Line of 27812 (10-day avg.). Most Leading Funds are up near the Red Zones. Please … [Read more...]
Green Line Weekly Jan 21, 2018
01/21/2018: Markets were up again for the week, as the Dow rose 1%, the Nasdaq 100 gained 1.12%, the S&P 500 added 0.90%, and the small-cap Russell 2000 increased by 0.28%. Many are hoping that better Earnings will push the Markets … [Read more...]