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...]
Archives for 2019
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...]
Money Wave Alert! Jun 18, 2019
Markets were up again today on Good News Buying ... Favorable info about China trade and it looks like many are waiting on the Fed meeting results tomorrow. The FED is expected to Lower the Fed Funds rate, but they might wait until the … [Read more...]
Money Wave Alert! Jun 17, 2019
We are having problems retrieving Quotes for the Watch List and Portfolio... Please be patient while this is being fixed. Markets were up slightly today in a tight range on low Volume ... Looks like many are waiting on the Fed … [Read more...]
Green Line Weekly Jun 16, 2019
06/16/2019: Markets were up slightly for the week, after last week's big 4.5 % bounce off the Green Lines. Later this week the Markets are expecting the FED to talk about the Economy having a period of slower growth, and the Fed Futures … [Read more...]
Money Wave Alert! Jun 14, 2019
Markets were mixed today on more low Volume day ... Looks like many are waiting on the Fed meeting next week. The FED is expected to Lower the Fed Funds rate. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of … [Read more...]
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