Markets were up again today on lower Volume. Markets are finishing up for the week with a nice bounce of a possible "W" pattern back up. The rally is getting over-bought on the Short Term. Please check the Sell Stops in the PORTFOLIO … [Read more...]
Archives for November 2018
Money Wave Alert! Nov 29, 2018
Markets were up slightly today after dipping lower in the morning. Looks like a "W" pattern back up, but the rally is getting over-bought on the Short Term. Please check the Sell Stops in the PORTFOLIO as many have been tightened … [Read more...]
Money Wave Alert! Nov 28, 2018
Markets popped up big today as the FED made positive talks to make the HERD feel better. Looks like many are now betting on a Double Bottom soon, and we could see a "W" pattern for a much larger rally up longer term. Try to own only … [Read more...]
Money Wave Alert! Nov 27, 2018
Markets were up slightly today after some Selling this morning. The Pink Line (10-day avg.) could be resistance for the Indexes for a while. Many are waiting to see if the Indices are going to Hold and Bounce at the Support of the … [Read more...]
Money Wave Alert! Nov 26, 2018
Markets were up today as mild buying came into over-sold Investments. Many are waiting to see if the Indices are going to Hold and Bounce at the Support of the October Lows. If the S&P 500 can make a Higher Low or Double Bottom … [Read more...]
Green Line Weekly Nov 25, 2018
11/25/2018: Last Quarter Great Earnings came out and the HERD bought Stocks Way Above the Green Line on the Good News. Smart Money took profits on the Good News. Now the HERD is Selling as they are finally seeing that the Economy is … [Read more...]
Money Wave Alert! Nov 23, 2018
Markets were down today as AAPL is still weak and dragging down the Tech sector. Volume was Low Holiday trading. We are waiting to see if the Indices are going to Hold and Bounce at the Support of the October Lows. If the S&P … [Read more...]
Money Wave Alert! Nov 21, 2018
Markets were up today as the Tech and Momentum stocks finally bounced from being over-sold. We are waiting to see if the Indices are going to Hold and Bounce at the Support of the October Lows. If the S&P 500 can make a Higher … [Read more...]
Money Wave Alert! Nov 20, 2018
Markets were down again today, as the Tech and Momentum stock were lower, but some reversed back up. Volume is Low. The Indices are going back down to re-test the October Lows. Until we know if Support holds, Buying will not be … [Read more...]
Money Wave Alert! Nov 19, 2018
Markets were down today, as the Tech and Momentum stock got whacked. Volume is Low. Many do not feel that the Indices put in a Higher Low than the October Lows. Until that is known, Buying will not be solid. If the S&P 500 can make … [Read more...]