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Archives for May 2018

May 18, 2018

Money Wave Alert! May 18, 2018

SPX Chart

  Markets were very slow today, as the Indices have not been able to exceed Monday's Highs. The S&P 500 is trying to stay above the Pink Line (10-day avg.) around 2709 to avoid going into a Short Term Sell Signal. Please be patient, … [Read more...]

May 17, 2018

Money Wave Alert! May 17, 2018

IPI Chart

  Markets were mixed today, as the Indices have not been able to exceed Monday's Highs. Cisco Systems' Earnings weakness has put pressure on the DOW & Tech Stocks. Please be patient, and WAIT for the Leading Investments to return to … [Read more...]

May 16, 2018

Money Wave Alert! May 16, 2018

SPX 60

  Markets were up today, as the Indices are trying to get above Monday's Highs. Interest Rates are up on the 10-year note to 3.1%, causing competition for Stocks. Please be patient, and WAIT for the Leading Investments to return to the … [Read more...]

May 15, 2018

Money Wave Alert! May 15, 2018

TNX Chart

  Markets were down today, as most of the Leaders were up in the Red Zones (probably too late to Buy for the Short Term). Interest Rates shot up on the 10-year note to 3.1%, causing competition for Stocks. Please be patient, and WAIT for … [Read more...]

May 14, 2018

Money Wave Alert! May 14, 2018

IWM Chart

  Markets were up slightly today, as Longer Term Buyers are getting in, and Short Term Traders are raising CASH. Most of the Leaders up in the Red Zones (probably too late to Buy for the Short Term). Please be patient, and WAIT for the … [Read more...]

May 13, 2018

Green Line Weekly May 13, 2018

SP:Y Chart

  Happy Mother's Day to you Moms! 05/13/2018:  Markets were up over 2% for the week, as last week's Low was Higher than the April Low. This confirmed to most that the selling is over for a while. All of the major Indices closed Above … [Read more...]

May 11, 2018

Money Wave Alert! May 11, 2018

ITB Chart

  Markets were mixed today, as some profit taking came in with most of the Leaders up in the Red Zones (probably too late to Buy for the Short Term). Please be patient, and WAIT for the Leading Investments to return to the Green Zones for … [Read more...]

May 10, 2018

Money Wave Alert! May 10, 2018

SPY Chart

  Markets were up again today, as the Retail Investors are now becoming very optimistic . They always feel good in the Red Zones (probably too late to Buy for the Short Term). All of the major Indices are now back Above the Red Lines … [Read more...]

May 9, 2018

Money Wave Alert! May 9, 2018

SPX Chart

S&P 500 finally got Above the Red Line! Markets were up today, as the S&P 500 & DOW Indices finally hopped Above the Red Lines (50-day avgs.), to bring in more Buying. The  NASDAQ 100  is Above the Red Line (50-day avg.) and was … [Read more...]

May 8, 2018

Money Wave Alert! May 8, 2018

GBT Chart

  Markets were down slightly today, as the S&P 500 & DOW Indices are still struggling to get back Above the Red Lines (50-day avgs.), which should bring in more Buying. The  NASDAQ 100  is Above the Red Line (50-day avg.) but is up … [Read more...]

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