Archives for February 2018

  Markets are down again today, as the major Indices are moving down to the Pink Lines (10-day avgs.) The S&P 500 needs to bounce around 2730 soon to avoid a Short Term Sell Signal. Markets should bounce off the Pink Lines. We are … [Read more...]

  Markets are down today, as Bonds turned back down (long term Interest Rates rose).  The major Indices are still Above the Pink Lines (10-day avgs.) so no Short Term Sell Signals. Markets should bounce off the Pink Lines. You can see that … [Read more...]

  Markets are higher today, as Bonds finally bounced off of Over-Sold levels (long term Interest Rates dropped).  However, Bonds will normally re-test the recent Lows again. We are waiting on the Leaders to come back down from the Red … [Read more...]

  Markets are up today, but not enough movement this week for much trading. The "Sideways" action means that a bigger move is coming, but we will have to wait to see which direction (up or down). The major Indices are holding above their … [Read more...]

  Markets are up slightly today, as the major Indices are holding above their Red Lines (50-day avgs.) and waiting for the Markets to relieve the over-bought condition from the recent bounce off the Lows. We are waiting on the Leaders to … [Read more...]

  Markets rallied up over 1% earlier today, as the Leaders like Boeing and Amazon made it back up to their Highs. But not very many Investments are back up the early February Highs, so the rally faded. We are waiting on the Leaders to come … [Read more...]

  Markets are basically down today with Wal-Mart dropping $10, but many Tech stocks were up. The very Strongest are re-testing the early February Highs. We are waiting on the Leaders to come back down from the Red Zones (probably too late … [Read more...]

  Markets are up again today as the week long rally has continued. Many of the Indices have rallied up above their Red Lines (50-day avgs.) The very Strongest are re-testing the recent Highs. Many Leaders are quickly back up in the Red … [Read more...]