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Archives for 2018

May 6, 2018

Green Line Weekly May 6, 2018

DIA Chart

  05/06/2018:  Markets were mixed for the week, but the Indices were able to bounce up from a larger drop earlier in the week. For the week, the Dow and the S&P 500 lost 0.2% each, but the Nasdaq notched a 1.5% win. The NASDAQ 100 and … [Read more...]

May 4, 2018

Money Wave Alert! May 4, 2018

QQQ Chart

  Markets "Gapped Up" today, as the  NASDAQ 100  sliced Above the Red Line (50-day avg.) to bring in more Buying.  The Small Caps and NASDAQ 100 Indices are holding up the best. The S&P 500 & DOW Indices still must get back Above … [Read more...]

May 3, 2018

Money Wave Alert! May 3, 2018

UUP Chart

  Markets dropped down in the morning, and then recovered. Some of the Indices were down near the April Support.  The Small Caps and NASDAQ 100 Indices are holding up the best. The Markets must now get back Above the Red Lines (50-day … [Read more...]

May 2, 2018

Money Wave Alert! May 2, 2018

QQQ Chart

  Markets were mixed again today, on lower Volume. Tech Stocks were up, with Apple Inc. bouncing up 5% on Earnings. The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Crude Oil  was up today at … [Read more...]

May 1, 2018

Money Wave Alert! May 1, 2018

DIA Chart

  Markets were mixed to down today, after selling off early. Tech Stocks were up, with Apple Inc. Earnings out after the Close. The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Crude Oil  was … [Read more...]

April 30, 2018

Money Wave Alert! Apr 30, 2018

TNX Chart

  Markets were down slightly today, but Interest Rates have dropped recently.  The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Bonds and Crude Oil seem to be adding some competition for Stocks … [Read more...]

April 29, 2018

Green Line Weekly Apr 29, 2018

DIA Chart

  04/29/2018:  Markets were mixed for the week, but the Indices were able to bounce at the 62% Retracement level on the recent decline. The Markets are trading between the Red Lines and Green Lines, until a DECISION is made (Up or … [Read more...]

April 27, 2018

Money Wave Alert! Apr 27, 2018

AMZN Chart

  Markets were very flat today, even with Big Earnings From Amazon, Intel & Microsoft.  The Markets must now get back Above the Red Lines (50-day avgs.) to bring in more Buying. Bonds and Crude Oil seem to be adding some competition … [Read more...]

April 26, 2018

Money Wave Alert! Apr 26, 2018

QQQ 60 Chart

  Markets "Gapped Up" today as the S&P 500 was over-sold, and buyers came in on FaceBook Earnings. The Markets now must get back Above the Red Lines (50-day avgs.) to bring in more Buying. So far it is Bullish that the Markets held … [Read more...]

April 25, 2018

Money Wave Alert! Apr 25, 2018

SPX Chart

  Markets were up slightly today as the S&P 500 is trying to bounce at the 62% Retracement level down from the early April bounce. Maybe another quick test back down tomorrow, and if it holds possibly a good rally up. Many of the … [Read more...]

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