Archives for February 2019

  MARKETS WILL BE CLOSED ON MONDAY FOR A FEDERAL HOLIDAY. Markets  popped up today as the FEAR is completely gone with positive Consumer Confidence numbers. Sellers are now holding off.   Markets are quickly over-bought again, as many … [Read more...]

  HAPPY VALENTINE's DAY! Markets  were mixed today on lower Volume .  The NASDAQ 100 Index of mainly Tech Stocks needs to hold above the Pink Line to avoid a Short Term Sell Signal.  Markets are quickly over-bought again, as many … [Read more...]

  Markets  were higher again today on lower Volume .  The S&P 500 successfully bounced up off the Pink Line and was able to close higher than last week's high of 2739.  Markets are quickly over-bought again, as many Leaders are back … [Read more...]

  Markets  were higher today on solid buying .  The S&P 500 successfully bounced up off the Pink Line and needs to close higher than last week's high of 2739.  Several on the Money Wave Buy list "Gapped Up" today more than 3%, so they … [Read more...]

    Markets  were mixed today on low Volume as only the Strongest Leaders seem to have much Buying. The S&P 500 is trying to hold above the Pink Line of 2705.  The Money Wave Buy list is growing as the Leaders are now correcting … [Read more...]

  Markets  were down again today on mild Selling. The S&P 500 is trying to hold above the Pink Line of 2697.  The Tech Stocks are up slightly, and the Money Wave Buy list is growing as the Leaders are now correcting down. Markets have … [Read more...]

  Markets  were down today as Sellers finally took control. The Support on the S&P 500 is the Pink Line of 2693.  The S&P 500 was very Over-bought on the Short Term after a 16% bounce up from the Lows. Markets have not pulled back … [Read more...]

  Markets  were mixed today as the 6 week rally appears to be losing momentum on low Volume.  The S&P 500 is currently very Over-bought on the Short Term after a 16% bounce up from the Lows. Markets have not pulled back enough to … [Read more...]

  Markets  were up again today on more low Volume as Investors continued to Buy without regard to risk. The Boeing Chart above shows how quickly emotions can change the value of a Large Company by 40%. The S&P 500 is currently very … [Read more...]