Archives for October 2018

  Markets  were up slightly today, but many of the Momentum Techs got hit hard. The S&P 500 FAILED at the Pink Line (10-day avg.) on Wednesday,  and is slowly going back down to re-test the recent Lows near the Green Line (250-day … [Read more...]

  Markets  were down today as the S&P 500 FAILED at the Pink Line (10-day avg.) and is going back down to re-test the recent Lows. This week's rally could be the middle of a "W" and the Strongest will not make it all the way back down … [Read more...]

  Markets  were mixed today after yesterday's big rally. The S&P 500 has rallied back up to the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. So be cautious Buying at this time. This … [Read more...]

  Markets  bounced up big today on lower Volume as the FEAR has subsided. The S&P 500 is rallying back up towards the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. This week's rally could … [Read more...]

  Markets  were mixed today as the S&P 500 is trying bottom after last week's decline... Maybe down once more to re-test the Green Line (250-day avg.) in a few days. Then the S&P should work its way back up towards the Red Line … [Read more...]

  Markets  rallied today as the S&P 500 is trying to Bounce up off the Green Line (250-day avg.)  Now the S&P should work its way back up towards the Red Line (50-day avg.) in a few weeks. The FEAR Index (VIX) made a Lower High … [Read more...]

  Now we are seeing how EMOTIONAL Investors can become... Last week the Markets were on Highs, and all was well. Now many Indices are quickly down to the Green Lines.  The "HERD" just had to spend all of their Money when things were Good, and … [Read more...]

  Markets  dumped today as the S&P 500 FELL BELOW the Red Line (50-day avg.) and Support of 2872. That indicates that the Markets are weaker than many had expected, but the S&P 500 is now down in the Green Zone. The FEAR Index … [Read more...]

  Markets  were mixed again today as the S&P 500 is sitting on top of the Red Line (50-day avg.) and Support of 2872. Soon a decision will be made to bounce back up towards the Highs, or fall below. Probabilities are for a bounce, as the … [Read more...]