Markets were lower today, as the Indices and Leaders were back up in the Red Zones (probably too late to Buy for the Short Term). The S&P 500 Index has the 50-day average coming up at 3001 which should be Support. The Leaders are back up in … [Read more...]
Money Wave Alert! Jun 24, 2020
Money Wave Alert! Jun 23, 2020
Markets were up today, as the Funds continued to pile into the big FAAMNG Stocks. Some of the very Strongest Leaders are still making Highs, but the major Indices are not, and need to exceed the early June High for this rally to continue. The BioTech … [Read more...]
Money Wave Alert! Jun 22, 2020
Markets were up today, as the Indices need to exceed the early June High for this rally to continue. The BioTech Index made New Highs. Most other Indices are struggling to get back up. Valuations are very strange, with new issue Peloton … [Read more...]
Money Wave Alert! Jun 19, 2020
Markets were down slightly again today, after burping up this morning. The Markets need news, and Earnings will soon be coming out. Last week's pull-back was not enough to get many Investments over-sold for a larger bounce, so many Investors are … [Read more...]
Money Wave Alert! Jun 18, 2020
Markets were down slightly today, but it is more of a sideways consolidation for maybe another burp up soon. Last week's pull-back was not enough to get many Investments over-sold for a larger bounce, so many Investors are WAITING for better … [Read more...]
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