Markets were down slightly today, but Interest Rates have dropped recently. The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Bonds and Crude Oil seem to be adding some competition for Stocks … [Read more...]
Archives for April 2018
Green Line Weekly Apr 29, 2018
04/29/2018: Markets were mixed for the week, but the Indices were able to bounce at the 62% Retracement level on the recent decline. The Markets are trading between the Red Lines and Green Lines, until a DECISION is made (Up or … [Read more...]
Money Wave Alert! Apr 27, 2018
Markets were very flat today, even with Big Earnings From Amazon, Intel & Microsoft. The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Bonds and Crude Oil seem to be adding some competition … [Read more...]
Money Wave Alert! Apr 26, 2018
Markets "Gapped Up" today as the S&P 500 was over-sold, and buyers came in on FaceBook Earnings. The Markets now must get back Above the Red Lines (50-day avgs.) to bring in more Buying. So far it is Bullish that the Markets held … [Read more...]
Money Wave Alert! Apr 25, 2018
Markets were up slightly today as the S&P 500 is trying to bounce at the 62% Retracement level down from the early April bounce. Maybe another quick test back down tomorrow, and if it holds possibly a good rally up. Many of the … [Read more...]
Money Wave Alert! Apr 24, 2018
Markets were down again today as some Earnings were disappointing, and Interest Rates rose. If the S&P 500 can hold here at the 62% Retracement level down of the April bounce, then a good rally up could happen soon. Some of the … [Read more...]
Money Wave Alert! Apr 23, 2018
Markets were down again today as the Indices slipped below the the Red Lines (50-day avgs.) which created some Short Term Sell Signals. Some of the Leaders are quickly cycling back down near the Green Zones... Please be patient and WAIT … [Read more...]
Green Line Weekly Apr 22, 2018
04/22/2018: Markets were up slightly for the week, but profit taking came as the Indices were up in the Red Zones (probably too late to Buy for the Short Term). The Markets are back to trading between the Red Lines and Green Lines, until a … [Read more...]
Money Wave Alert! Apr 20, 2018
Markets were down more today as the Indices have slipped below the the Red Lines (50-day avgs.) which creates some Short Term Sell Signals. Many of the Leaders were back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
Money Wave Alert! Apr 19, 2018
Markets were down today on mild selling as stocks were over-bought for the Short Term. Markets could stall or pull back some for a while. Most of the Indices are now Above the Red Lines (50-day avgs.) which normally means a re-test of the … [Read more...]