Markets were down slightly today as the S&P 500 Index is struggling to stay above the Pink Line (10-day avg.) of 2999. The S&P 500 needs to make New Highs soon for this rally to continue. Many Investors are reluctant to Buy with … [Read more...]
Archives for September 2019
Money Wave Alert! Sep 19, 2019
Markets were mixed today after rallying back up near the July Highs. Good News Investors were Buying after the FED cut the Fed Funds Rate by 1/4 %. The S&P 500 Index is back above the Pink Line (10-day avg.) and needs to make New Highs … [Read more...]
Money Wave Alert! Sep 18, 2019
Markets were down most of the day, on profit taking and Good News after the FED cut the Fed Funds Rate by 1/4 %. The S&P 500 Index went down below the Pink Line (10-day avg.) and needs to stay above 2992 to avoid a Short Term Sell … [Read more...]
Money Wave Alert! Sep 17, 2019
Markets were mixed today, as the Indices went sideways waiting for the FED to probably cut the Fed Funds Rate tomorrow by 1/4 %. The S&P 500 Index needs to bounce up off the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. … [Read more...]
Money Wave Alert! Sep 16, 2019
Markets were down today, as Oil prices shot up 14% on Global tension. The S&P 500 looks like it will bounce up off the Pink Line (10-day avg.) It is normal for Markets to struggle at the Resistance of the previous Highs. Markets … [Read more...]
Green Line Weekly Sep 15, 2019
09/15/2019: Markets were up again for the week, as the Indices are discounting probable Good News soon from a FED Rate Cut and a meeting to resolve the Trade War. The S&P 500 Index is back up to the July High Resistance of 3028. The … [Read more...]
Money Wave Alert! Sep 13, 2019
Markets were mixed today, as the S&P 500 is up to the July Highs. It is normal for Markets to struggle at the Resistance of the previous Highs. Markets and Leaders are in their Red Zones (probably too late to Buy for the Short … [Read more...]
Money Wave Alert! Sep 12, 2019
Markets were up today, and back up near the July Highs as wise Investors have discounted an end to the Trade War. So maybe the FED won't be able to do as much Printing (lowering FED Funds) after their meeting next week. Why would they … [Read more...]
Money Wave Alert! Sep 11, 2019
Markets were up today, after bouncing near the Pink Lines (10-day avgs.) Markets are going back up to re-test the July Highs. So far not as many New Highs... FEAR Trades Bonds and Gold are in the Green Zones for Money Wave Buys … [Read more...]
Money Wave Alert! Sep 10, 2019
Markets were down slightly today, but should have Support near the Pink Lines (10-day avgs.) Institutions seem to be moving some money from Momentum to Value this week... FEAR Trades Bonds and Gold are in the Green Zones for Money Wave … [Read more...]