Markets were lower today on very sluggish trading. Most will not worry as long as the S&P 500 is Above the Red Line (50-day avg.) However, many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
Archives for May 2018
Money Wave Alert! May 30, 2018
Markets were higher today as the S&P 500 bounced off the Red Line (50-day avg.) Many Leaders other than Energy Investments are back up in the Red Zones (probably too late to Buy for the Short Term). The Strong Energy Stocks have … [Read more...]
Money Wave Alert! May 29, 2018
Markets were down today as most Indices broke the Pink Lines (10-day avg.) to create a Short Term Sell Signal. The DOW & S&P 500 are down, but not as much with the Small Caps & NASDAQ 100. Many Strong Energy Stocks should be … [Read more...]
Green Line Weekly May 27, 2018
05/27/2018: Markets were up slightly for the week, as the S&P 500 has been churning sideways between 2700 and 2742 for about 3 weeks. Soon a decision will be made. The major Indices are Above the Red Lines (50-day avgs.) and could … [Read more...]
Money Wave Alert! May 25, 2018
Markets will be Closed on Monday for Memorial Day Holiday. Markets were mainly weak today on lower pre-Holiday Volume, The S&P 500 is just under the Pink Line (10-day avg.) around 2723 at the time of this post. The … [Read more...]
Money Wave Alert! May 24, 2018
Markets were mixed today on lower Volume, as the S&P 500 struggled to stay above the Pink Line (10-day avgs.) around 2724. The S&P closing below 2724 could create a Short Term Sell Signal. The Small Caps look like they need to … [Read more...]
Money Wave Alert! May 23, 2018
Markets dipped down this morning below the Pink Lines (10-day avgs.) but are trying to rally back up on the Close. The S&P closing below 2722 could create a Short Term Sell Signal. The Small Caps look like they need to re-test the … [Read more...]
Money Wave Alert! May 22, 2018
Markets were down to mixed today, on lower Volume. The S&P 500 needs to Close the Pink Line (10-day avgs.) around 2721 to avoid going into a Short Term Sell Signal. The Dow and Small Cap Indices have been able to exceed last week's … [Read more...]
Money Wave Alert! May 21, 2018
Markets "Gapped Up" today, as the Indices were able to hold above the Pink Lines (10-day avgs.) around to avoid going into a Short Term Sell Signals. The Dow and Small Cap Indices have been able to exceed last week's Highs, but the … [Read more...]
Green Line Weekly May 20, 2018
05/20/2018: Markets were down slightly for the week, as most of the Indices were in the Red Zones (probably too late to Buy for the Short Term). The major indices ended with the Dow down 0.5%, the Nasdaq down by 0.7%, and the S&P 500 … [Read more...]