So much for the "W" pattern back up! Markets dumped down again today on Economic Slow Down Fears. The Markets are warning the FED not to Raise Rates this month, and telling Trump to get a China Trade Deal soon. The S&P 500 needs to hold … [Read more...]
Archives for 2018
Money Wave Alert! Dec 5, 2018
PLEASE NOTE: DUE TO THE STOCK MARKET BEING CLOSED IN MEMORY OF GEORGE H. W. BUSH ON WEDNESDAY, THERE WILL BE NO GREEN LINE EMAIL ON WEDNESDAY. PLEASE LOOK FOR THE MONEY WAVE ALERT! TO ARRIVE ON THURSDAY, AS SCHEDULED. THANK … [Read more...]
Money Wave Alert! Dec 4, 2018
Markets dumped down today on profit taking as Smart Money sold on the Good News. The rally was over-bought on the Short Term as the Leaders were back up in the Red Zones (probably too late to Buy for the Short Term). The Leaders should … [Read more...]
Money Wave Alert! Dec 3, 2018
Markets "Gapped Up" on Good News today, so expect some profit taking soon as Smart Money sells on the Good News. Remember, Smart Money bought on Bad News BEFORE the FED talk last Wednesday, and BEFORE the Trade News today. The rally … [Read more...]
Green Line Weekly Dec 2, 2018
12/02/2018: Markets popped up BIG for the week, as the Indexes bounced up from the Support of the October Lows. The Strongest Leaders that are holding Above the Green Line should go back up to re-test the September Highs (see Long Term … [Read more...]
Money Wave Alert! Nov 30, 2018
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...]
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...]
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