Money Wave Alert! Feb 23, 2018
Markets are up today, but not enough movement this week for much trading. The “Sideways” action means that a bigger move is coming, but we will have to wait to see which direction (up or down). The major Indices are holding above their Red Lines (50-day avgs.) and waiting for the Markets to relieve the […]
Money Wave Alert! Feb 22, 2018
Markets are up slightly today, as the major Indices are holding above their Red Lines (50-day avgs.) and waiting for the Markets to relieve the over-bought condition from the recent bounce off the Lows. We are waiting on the Leaders to come back down from the Red Zones (probably too late to Buy for the […]
Money Wave Alert! Feb 21, 2018
Markets rallied up over 1% earlier today, as the Leaders like Boeing and Amazon made it back up to their Highs. But not very many Investments are back up the early February Highs, so the rally faded. We are waiting on the Leaders to come back down from the Red Zones (probably too late to […]
Money Wave Alert! Feb 20, 2018
Markets are basically down today with Wal-Mart dropping $10, but many Tech stocks were up. The very Strongest are re-testing the early February Highs. We are waiting on the Leaders to come back down from the Red Zones (probably too late to Buy for the Short Term) and return to their Green Zones for Buy Signals. […]
Green Line Weekly Feb 18, 2018
Markets will be Closed on Monday Feb 19, 2018 for a Federal Holiday. 02/18/2018: Markets were up more than 4% for the week, as the S&P 500 almost tagged the Green Line just 6 trading days ago. That was the first correction in 16 months. The major Indices are back up in the Red Zones […]
Money Wave Alert! Feb 16, 2018
Markets are up again today as the week long rally has continued. Many of the Indices have rallied up above their Red Lines (50-day avgs.) The very Strongest are re-testing the recent Highs. Many Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term) so we are […]
Money Wave Alert! Feb 15, 2018
Markets are up again today as some of the Indices have rallied up above their Red Lines (50-day avgs.) If they could get through here they could go back up to the Highs soon. Many Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term) so we […]
Money Wave Alert! Feb 14, 2018
Markets are up today as the Indices rally up to their Red Lines (50-day avgs.) If they could get through here they could go back up to the Highs soon. However, the Markets might go down once more in the next few days, and re-test last week’s Lows. This could be a “W” Pattern (see chart […]
Money Wave Alert! Feb 13, 2018
Markets are mixed today after the DOW has bounced about 1300 points off of Friday’s Low. Markets could go down once more in the next few days, and it would be Bullish if the Markets can make a Higher Low than last Friday’s Low. Try to Buy Investments that recently made new Highs. Usually these will bounce […]
Money Wave Alert! Feb 12, 2018
Markets are bouncing again today after banging off the Green Lines (250 day avgs,) on Friday. Now most Indices are no longer over-bought, and are more Fairly Valued. Markets could go down once more in the next few days, so be careful on Buying too late. Try to Buy Investments that recently made new Highs, and […]