Markets were higher in the morning, but then sold off as Interest Rates rose to new highs. The Semiconductors were finally able to get above the Pink Line (10-day avg.) The Techs have been holding up better, recently. Long Term Interest Rates … [Read more...]
Money Wave Alert! Oct 20, 2022
Money Wave Alert! Oct 19, 2022
Markets were lower today after the S&P 500 Index stalled below the 50-day average, which is normal. The S&P 500 was able to close above 3700 to squeeze out more Short Sellers. Most of the Margin accounts on Stocks appear to have been flushed, … [Read more...]
Money Wave Alert! Oct 18, 2022
Markets "gapped up" higher today and the S&P 500 Index is getting close to the 50-day average. The S&P 500 was able to close above 3700 to squeeze out more Short Sellers. Most of the Margin accounts have been flushed, and the "weak hands" … [Read more...]
Money Wave Alert! Oct 17, 2022
Markets were sharply higher today after making a higher low than last Thursday's low. Volume was lower and the S&P 500 needs to close above $370 to squeeze out more Short Sellers out. Most of the Margin accounts have been flushed, and the "weak … [Read more...]
Money Wave Alert! Oct 14, 2022
Markets went down today to re-test yesterday's new low. But the Selling Volume was lower as most of the Margin accounts have been flushed, and the "weak hands" have sold on FEAR. The Markets are dropping to force the FED to cut back on their … [Read more...]
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