06/30/2019: Markets were mixed for the week, after the Indices bounced up off the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. Maybe some good China Trade news on Monday to push the Markets higher. Many are waiting for … [Read more...]
Archives for June 2019
Money Wave Alert! Jun 28, 2019
Markets were mixed today as investors are waiting for any China Trade news over the weekend. The Indices are trying bounce up off the Pink Lines (10-day avgs.) but many investors appear to be waiting for news. The S&P 500 Index is … [Read more...]
Money Wave Alert! Jun 27, 2019
Markets were up slightly today as the S&P 5oo Index bounced up off the the Pink Line (10-day avg.) of 2922 to avoid a Short Term Sell Signal. The S&P 500 Index is also down in the Green Zone, which is a preferred time to Buy, on … [Read more...]
Money Wave Alert! Jun 26, 2019
Markets were mixed today as the S&P 5oo Index struggled to hold above the Pink Line (10-day avg.) of 2916 to avoid a Short Term Sell Signal. Many of the Strongest Leaders are back down in their Green Zones for Money Wave Buys … [Read more...]
Money Wave Alert! Jun 25, 2019
The S&P 500 Index needs to hold above the 10-day avg. Markets were down today as the S&P 5oo Index stalled out at the May Resistance of 2954, which is normal. The S&P needs hold above the Pink Line (10-day avg.) of 2916 to … [Read more...]
Money Wave Alert! Jun 24, 2019
Markets were mixed today as the S&P 5oo Index has stalled out around the May High of 2954, which is normal. The S&P needs to Close above there on heavy Volume for more Buying to come in. It has Support on the Red Line (50-day … [Read more...]
Green Line Weekly Jun 23, 2019
06/23/2019: Markets were up for the week, after hopeful news of more FED Printing to stimulate the Economy. The Fed Futures are pointing to an 80% chance of a July Rate cut. The News is basically GOOD again, after the Markets bounced … [Read more...]
Money Wave Alert! Jun 21, 2019
Markets were up again today on mild follow thru Buying. The S&P 5oo Index has stalled out around the May High of 2954, which is normal. It needs to Close above there on heavy Volume for more Buying. It has Support on the Red Line … [Read more...]
Money Wave Alert! Jun 20, 2019
Markets were up again today on follow thru Buying from the dovish FED talk. The FED did not Lower the Fed Funds rate yesterday, but are expected to at the July meeting. The S&P 5oo Index was able to get above the May High of 2954 … [Read more...]
Money Wave Alert! Jun 19, 2019
Markets were up again today as the FED basically said that they will do what is necessary to keep the Economy expanding. The FED did not Lower the Fed Funds rate today, but are expected to at the July meeting. The S&P 5oo Index … [Read more...]