MARKETS WILL BE CLOSED ON MONDAY. Markets were down slightly today as the Leaders are slowly coming down from the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines … [Read more...]
Archives for August 2018
Money Wave Alert! Aug 30, 2018
Markets were down today as the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines (10-day avgs.) Momentum traders are rotating into fewer … [Read more...]
Money Wave Alert! Aug 29, 2018
Markets were up again today as the Strongest Leaders are "melting up" on continued Buying. Momentum traders are rotating into the fewer stocks, and the list is becoming very narrow. The S&P 500 is now over-bought (Top Bollinger … [Read more...]
Money Wave Alert! Aug 28, 2018
Markets were up slightly today on follow through Break Out Buying by the S&P 500. Usually when this rally stalls out, the S&P 500 will fade back down to Test the 2872 Break Out level. It would be "Bullish" to Hold and Bounce near … [Read more...]
Money Wave Alert! Aug 27, 2018
Markets "Gapped Up' on Good News and Break Out buying as the S&P 500, NASDAQ, and Small Cap Indices made New Highs again today on lower Volume. Very few individual stocks are making New Highs. The DOW Transport Index made new … [Read more...]
Weekly Green Line August 26, 2018
08/26/2018: Markets were up for the week, as several major Indices made New Highs. Now the Indices should hold above the January Highs for the rally to remain healthy, as old Resistance should become Support. A more "Bullish" scenario … [Read more...]
Money Wave Alert! Aug 24, 2018
Markets were higher today as the S&P 500, NASDAQ, and Small Cap Indices made New Highs on lower Volume. So far the Break Outs have not decisively pushed up thru the January Highs. Very few individual stocks are making New Highs. … [Read more...]
Money Wave Alert! Aug 23, 2018
More summer doldrums. Markets were mixed again today as the S&P 500 has stalled up near the January Highs, which is normal. Failing to make New Highs soon would be not be "Bullish". The DOW Transport Index made new Highs, but the … [Read more...]
Money Wave Alert! Aug 22, 2018
Markets were mixed today as the S&P 500 has stalled up near the January Highs, which is normal. Failing to make New Highs soon would be not be "Bullish", and the Volume has not been higher like it should be for a Break Out to higher … [Read more...]
Money Wave Alert! Aug 21, 2018
Markets were up again today and the S&P 500 was able to make it back up to the January Highs. It would be much more "Bullish" if the Volume was high. The S&P 500 is at Resistance. If you are nervous and have some profits, and you … [Read more...]