Markets were up again today on low Volume. The DOW Index is trying to catch up with the others Indices, and the Techs have been weaker. The Markets are not pulling back enough for decent Money Wave trades, as emotional Investor's Greed … [Read more...]
Archives for August 2018
Weekly Green Line Aug 19, 2018
08/19/2018: Markets were up slightly for the week, after the Indices dipped down near the Red Lines (50-day avgs.) and then bounced. Now the Indices need to Close above the January Highs for the rally to remain healthy. A "Bullish" … [Read more...]
Money Wave Alert! Aug 17, 2018
The DOW Index is still trying to get back up to the Jan Highs. Problems today with StockChart's Charts... Markets were up again today on very narrow Buying. The DOW Index is trying to catch up with the others Indices, as it is still about … [Read more...]
Money Wave Alert! Aug 16, 2018
Markets "Gapped Up" today on good news, and the Indices hopped back above their Pink Lines (10-day avgs.) The Markets are not pulling back enough for decent Money Wave trades, as emotional Investors FEEL TOO GOOD, and don't have the … [Read more...]
Money Wave Alert! Aug 15, 2018
Markets were down today as the Indices slipped below their Pink Lines (10-day avgs.) to create Short Term Sell Signals. Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy … [Read more...]
Money Wave Alert! Aug 14, 2018
Markets were higher today as the Leaders are bouncing up off their Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. Indices like QQQ (Nasdaq 100) XLK (Tech Fund) and FDN (Internet Fund) need to make New Highs soon for the … [Read more...]
Money Wave Alert! Aug 13, 2018
Markets were down today as the Leaders are slowly returning to their Green Zones, for Money Wave Buy Signals. Maybe another burp up soon for the Leaders if they can bounce off their Pink Lines (10-day avgs.) Indices like QQQ (Nasdaq … [Read more...]
Weekly Green Line Aug 12, 2018
08/12/2018: Markets were mixed for the week, as the Indices stalled near the resistance of the January Highs. It is normal for profit taking to come in at resistance, as many Investors who regretted not getting out in January decided to … [Read more...]
Money Wave Alert! Aug 10, 2018
Markets were down today as most of the Leaders were back up in the Red Zones (probably too late to Buy for the Short Term). Maybe another burp higher next week if the Leaders can bounce off their Pink Lines (10-day avgs.) Indices like … [Read more...]
Money Wave Alert! Aug 9, 2018
Markets were mixed today, but are going sideways which normally means another burp higher on Friday or so. Most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Recent Money Wave Pops have been … [Read more...]