Markets were mostly lower again today on mild profit taking. Most are waiting for the FED to raise short term Interest Rates by 3/4 point on Wednesday. The US Dollar and long term Interest Rates are trying to re-test the Highs once more. The … [Read more...]
Money Wave Alert! Nov 1, 2022
Money Wave Alert! Oct 31, 2022
Markets were mostly lower today on mild profit taking. The US Dollar and long term Interest Rates were higher, which pulled the Big Tech stocks down. The US Dollar and long term Interest Rates should re-test the Highs once more. The FED should raise … [Read more...]
Money Wave Alert! Oct 28, 2022
Markets were sharply higher today as the buying continued and AAPL was up 8% on Earnings. This pulled the Big Tech stocks higher, but the NASDAQ 100 could not make a higher high like the other Indices did. The Markets are over-bought again from a … [Read more...]
Money Wave Alert! Oct 27, 2022
Markets were mixed today as FaceBook (META) dumped 25 % on weak Earnings and pulled the Big Tech stocks down. The Markets were over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks. Many of the Leaders were quickly back up in the Red … [Read more...]
Money Wave Alert! Oct 26, 2022
Markets rallied in the morning, but then weakened as Microsoft & Google were down 7 % & 9 % on Earnings. The Markets are over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks, as the Long Term Interest Rates finally dropped. Most … [Read more...]
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