Markets were slightly higher today, but the Buying was very sluggish. Many are waiting to make sure the correction for the last month is over. The Indices have successfully retested the recent lows, but the Buyers don't Believe yet, and are waiting … [Read more...]
Money Wave Alert! Aug 28, 2023
Money Wave Alert! Aug 25, 2023
Markets were lower in the morning and closed higher today. Maybe the Indices have successfully retested the recent lows. Bonds were also weak earlier, causing selling. Bonds need to rally more to help the Tech Stocks (Techs don't like high long term … [Read more...]
Money Wave Alert! Aug 24, 2023
Markets were lower today as the Indices need to retest the recent lows. Bonds were also weak, causing selling. Bonds need to rally more to help the Tech Stocks (Techs don't like high long term Interest Rates) . The Semiconductors are leading the way … [Read more...]
Money Wave Alert! Aug 23, 2023
Markets were higher again today as Bonds finally rallied off the bottom (Support). They need to rally more to help the Tech Stocks (Techs don't like high long term Interest Rates) . The Semiconductors are leading the way up. NVIDIA Earnings … [Read more...]
Money Wave Alert! Aug 22, 2023
Markets were mostly lower today as Bonds have still not bottomed, but are near Support. They need to rally soon to help the Tech Stocks (Techs don't like high long term Interest Rates) . Bonds bounced at this Support in Oct 2022, and then the S&P … [Read more...]
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