Markets were down slightly today and the S&P 500 needs to bounce up from the Pink Line (10-day avg.) of 2782 to avoid a Short Term Sell Signal. Maybe another bounce coming tomorrow. Markets are over-bought again, as many Leaders were … [Read more...]
Archives for February 2019
Money Wave Alert! Feb 27, 2019
Markets were down today and the S&P 500 needs to bounce up from the Pink Line (10-day avg.) of 2778 to avoid a Short Term Sell Signal. Markets were over-bought again, as many Leaders were back up in the Red Zones (probably too late … [Read more...]
Money Wave Alert! Feb 26, 2019
Markets were up slightly today as the Markets are about 1/2 way back up to yesterday's High. Volume is low as Buyers don't have much News to react to, and Sellers don't have a reason to exit. Markets are over-bought again, as many … [Read more...]
Money Wave Alert! Feb 25, 2019
Markets "Gapped Up" today on more Good News Buying of a possible China Trade Deal soon. Sellers are holding off. Markets are over-bought again, as many Leaders are back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
Green Line Weekly Feb 24, 2019
02/24/2019: Markets were up again as more Good Earnings poured from last quarter. Markets have quickly gone from extremely Over-Sold in Dec. to extremely Over-Bought now (see Chart above). Investor Fear is now back to Investor Greed, and … [Read more...]
Money Wave Alert! Feb 22, 2019
Markets were up today as the S&P 500 was able to continue higher. Volume is low as the Indicators are Over-Bought for the Short Term. Many Leaders were back up in the Red Zones (probably too late to Buy for the Short Term). This is … [Read more...]
Money Wave Alert! Feb 20, 2019
Markets were up slightly today as the Gold Miners made 52 week Highs. The Miners are betting on eventual Inflation from the FED not Raising Rates for a while. We will probably have a Money Wave Buy on the Miner next time down to the Green … [Read more...]
Money Wave Alert! Feb 21, 2019
Markets were down today on mild Selling as the Indicators are Over-Bought for the Short Term. Many Leaders were back up in the Red Zones (probably too late to Buy for the Short Term). This is the hard part for Investors: … [Read more...]
Money Wave Alert! Feb 19, 2019
Markets were up slightly today as Investors seem to be betting on a China Trade Deal. Sellers are now holding off. Markets are quickly over-bought again, as many Leaders are back up in the Red Zones (probably too late to Buy for the … [Read more...]
Green Line Weekly Feb 17, 2019
The Big Picture for 2019 Wow! Markets just rallied 18% in 7 weeks from the Dec Lows. That is more than 7 of the last 10 years of this Bull Market. While Earnings improved considerably during the last 10 year Bull, much of the rally was … [Read more...]