Markets were higher again today, as the Semiconductors & Big Techs led the way on Short Covering. The Indices are finally above the Red Lines (50-day avgs.) which need to become Support for further Market rallies. Semiconductors are hoping for … [Read more...]
Money Wave Alert! Jul 21, 2022
Money Wave Alert! Jul 20, 2022
Markets were higher again today, as the Indices are finally Closing above the Red Lines (50-day avgs.) which has been Resistance since May. FEAR has quickly disappeared now as the Indices are creeping higher. Semiconductors are hoping for another … [Read more...]
Money Wave Alert! Jul 19, 2022
Markets were sharply higher today, as the Indices are trying again to Close above the Red Lines (50-day avgs.) which has been Resistance since May. The Small Caps, DOW 30 and NASDAQ 100 Funds are currently above the Red Lines today, but the Volume … [Read more...]
Money Wave Alert! Jul 18, 2022
Markets gapped up in the morning, and then faded as the Indices stalled out near the Red Lines (50-day avgs.) which has been Resistance since May. The Volume was only about half of normal as many are not Buying at this time. We had several Money … [Read more...]
Money Wave Alert! Jul 15, 2022
Markets were higher today on more low Volume Buying. Without the FED Printing this year, the markets have stalled. But Smart Money is accumulating strong Stocks and is betting that the FED will not tighten too much on July 27th, as the Economy has … [Read more...]
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