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...]
Archives for February 2018
Money Wave Alert! Feb 27, 2018
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...]
Money Wave Alert! Feb 26, 2018
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...]
Green Line Weekly Feb 25, 2018
02/25/2018: Markets were up slightly for the Holiday shortened week. The S&P 500 hoovered above the Red Line (50-day avg.) as there were few sellers. So far all only the very Strongest Leaders and the NASDAQ 100 Index are back up near … [Read more...]
Money Wave Alert! Feb 23, 2018
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...]
Money Wave Alert! Feb 22, 2018
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...]
Money Wave Alert! Feb 21, 2018
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...]
Money Wave Alert! Feb 20, 2018
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...]
Green Line Weekly Feb 18, 2018
Markets will be Closed on Monday Feb 19, 2018 for a Federal Holiday. 02/18/2018: Markets were up more than 4% for the week, as the S&P 500 almost tagged the Green Line just 6 trading days ago. That was the first correction in 16 … [Read more...]
Money Wave Alert! Feb 16, 2018
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...]