Archives for October 2018

  Markets  were mixed today after dumping this morning, but the S&P 500 held the Support of 2872 again and Bounced.  Some of the Leaders have become very Over-Sold on the short term as FEAR has picked up. Now the Buying must come in, … [Read more...]

  Markets  were down again today, but the S&P 500 went down to the Support of 2872 and Bounced.  Now the Buying must come in, or Traders could become Frustrated. The Strongest Leaders are finally correcting down enough for better Money … [Read more...]

  Markets  dropped today, as the S&P 500 could not exceed the September Highs (Double Top) and sold off. The DOW Index made New Highs recently, but not much else. Now some of the Leaders are correcting down enough for better Money Wave … [Read more...]

  Markets  were mixed today, with the DOW Index making New Highs but not much else. Bonds dumped as the 30 year T-Bond Yield broke the 3.25% Rate today. The major Indices are going up to re-test the recent Highs. Please wait for Money … [Read more...]

  Markets  were mostly up today, but the Money is rolling out of Retail and Small Caps and into Large Blue Chips like the 30 DOW Stocks. The DOW Index made a New High today, which is masking the internal weakness of the Markets. The major … [Read more...]

  Markets  "Gapped Up" today on Good News but lower Volume.  The major Indices are going up to re-test the recent Highs. Please wait for Money Wave Buy Signals below. The breadth of the Markets has become narrow, indicating lack of Buyers. … [Read more...]