Markets were up again today as the S&P 500 bounced off the Pink Line (10-day avg.) of 2809 to avoid a Short Term Sell Signal. Earnings are coming out and 2 more FAANG Stocks report this week (FaceBook tonite & Amazon tomorrow). … [Read more...]
Archives for July 2018
Money Wave Alert! Jul 24, 2018
Markets "Gapped Up" this morning on great Google Earnings, but the Small Caps and BioTechs later had some heavy Selling. The S&P 500 is near the Pink Line of 2802. Closing below the Pink Line could create a Short Term Sell … [Read more...]
Money Wave Alert! Jul 23, 2018
Markets were mixed again today, on more slow trading. The S&P 500 is near the Pink Line of 2800. Closing below the Pink Line could create a Short Term Sell Signal. Most recent Money Wave Buys are NOT POPPING well, indicating a Tired … [Read more...]
Green Line Weekly Jul 22, 2018
07/22/2018: Markets were mixed for the week, as the broad Markets like the New York Stock Exchange are struggling to go higher. Trump is blaming the Fed on raising short Term Rates. As Technical Analysts, we don't care "WHY" things … [Read more...]
Money Wave Alert! Jul 20, 2018
Markets were mixed today, on very slow trading. The S&P 500 is near the Pink Line of 2798. Closing below the Pink Line could create a Short Term Sell Signal. Most of the Leaders are back up near the Red Zones (probably too late to … [Read more...]
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