Markets were down today as the S&P 500 Index is testing Support at 3028 (see Chart above). Many Investors correctly SOLD on the GOOD NEWS of the FED Rate Cut yesterday. Most Leaders were Way Above the Green Lines, and needed to correct … [Read more...]
Archives for October 2019
Money Wave Alert! Oct 30, 2019
Markets were up today after the FED cut the Fed Funds Rate by 1/4 point as expected. Several Indices are lower than Monday's Highs and Volume was lower, The S&P 500 Index has Support at 3028. Most Leaders are Way Above the Green … [Read more...]
Money Wave Alert! Oct 29, 2019
Markets were mixed today after yesterday's rally to Highs on the S&P 500 Index. The S&P 500 Index is above the August Highs of 3028, so 3028 should now be Support. The Volume is Low and most Leaders are Way Above the Green Lines, … [Read more...]
Money Wave Alert! Oct 28, 2019
Markets "Gapped Up" as Good News Investors cannot wait to get fully invested at the Highs. The S&P 500 Index is above the August Highs of 3028, to 3042. The Volume is Low and most Leaders are Way Above the Green Lines, so be cautious … [Read more...]
Day Trading Watch List Oct 27, 2019
We offer Day Trading "setups" which map out key support and resistance levels of stocks that are potentially looking to break out for quick pops. We scan and filter to provide you with the best possible potential breakout setups. Set Alarms to … [Read more...]
Green Line Weekly Oct 27, 2019
10/27/2019: In early October the S&P 500 Index dipped down near the Green Line on Inverted Yield Curve talk (probable SlowDown coming) [BAD NEWS]. Now the Inverted Yield Curve is gone, but the S&P 500 Index is 5.8 % Higher on … [Read more...]
Money Wave Alert! Oct 25, 2019
Markets popped up today on Good News and Low Volume. The S&P 500 Index went up to 3027, almost back up to the August Highs of 3028. The FED is supposed to Lower the Fed Funds rate again next Wednesday. The FED might have a tough sell … [Read more...]
Money Wave Alert! Oct 24, 2019
Markets continued to be slow as many are nervous with radical Earnings coming out. The S&P 500 Index is trying to bounce up off the Pink Line (10-day avg.) around 2992 for this rally to continue. Next Resistance is the August Highs … [Read more...]
Money Wave Alert! Oct 23, 2019
Markets were mixed again today on very Low Volume. The S&P 500 Index needs to bounce up off the Pink Line (10-day avg.) around 2985 for this rally to continue. Next Resistance is the August Highs of 3028. We are reluctant to Buy … [Read more...]
Money Wave Alert! Oct 22, 2019
Markets were mixed today after having a small rally in the morning. Volume was Low, as the S&P 500 Index is trying to exceed the recent Highs again. Next Resistance is the August Highs of 3028. We are reluctant to Buy Investments up … [Read more...]