Money Wave Alert! Apr 24, 2018
Markets were down again today as some Earnings were disappointing, and Interest Rates rose. If the S&P 500 can hold here at the 62% Retracement level down of the April bounce, then a good rally up could happen soon. Some of the Leaders are quickly cycling back down near the Green Zones… Please be patient […]
Money Wave Alert! Apr 23, 2018
Markets were down again today as the Indices slipped below the the Red Lines (50-day avgs.) which created some Short Term Sell Signals. Some of the Leaders are quickly cycling back down near the Green Zones… Please be patient and WAIT for Green Zones Buys. Crude Oil was up today at $68.85. _____________________________________________________________________________________ The Following […]
Green Line Weekly Apr 22, 2018
04/22/2018: Markets were up slightly for the week, but profit taking came as the Indices were up in the Red Zones (probably too late to Buy for the Short Term). The Markets are back to trading between the Red Lines and Green Lines, until a DECISION is made (Up or Down). Earnings are starting to […]
Money Wave Alert! Apr 20, 2018
Markets were down more today as the Indices have slipped below the the Red Lines (50-day avgs.) which creates some Short Term Sell Signals. Many of the Leaders were back up in the Red Zones (probably too late to Buy for the Short Term)… Please be patient and WAIT for Green Zones Buys. Crude Oil […]
Money Wave Alert! Apr 19, 2018
Markets were down today on mild selling as stocks were over-bought for the Short Term. Markets could stall or pull back some for a while. Most of the Indices are now Above the Red Lines (50-day avgs.) which normally means a re-test of the January Highs in a few weeks Many of the Leaders are now […]
Money Wave Alert! Apr 18, 2018
Markets were mixed today as the rally off the Green Line is over-bought for the Short Term. Markets could stall or pull back some for a while. Most of the Indices are now Above the Red Lines (50-day avgs.) which normally means a re-test of the January Highs in a few weeks Many of the Leaders […]
Money Wave Alert! Apr 17, 2018
Markets “Gapped Up today on the excitement of NetFlix Earnings. Most of the Indices are now Above the Red Lines (50-day avgs.) The Markets getting back above the Red Lines normally means a rally back up to the Jan Highs. Buy many of the Leaders are now back up in the Red Zones (probably too late to Buy […]
Money Wave Alert! Apr 16, 2018
Markets were up as the Indices went back up to the Red Lines (50-day avgs.) Many of the Leaders are now back up in the Red Zones (probably too late to Buy for the Short Term)… Markets could stall or pull back some for a while. A rally back up to the Highs would require […]
Green Line Weekly Apr 15, 2018
04/15/2018: Markets were up 1 1/2 to 3% for the week, as the Indices rallied up again to the Red Lines (50-day avgs.) This is very normal for the Markets to trade between the Red Lines and Green Lines, until one of the Lines is broken. Earnings are starting to come out, so maybe […]
Money Wave Alert! Apr 13, 2018
Markets were lower today after tagging the Red Lines (50-day avgs.) and selling off. Many of the Leaders are quickly getting back up in the Red Zones (probably too late to Buy for the Short Term)… Markets could stall or pull back some for a while (so the System will probably raise some Cash). A […]