Markets were down earlier today but recovered as the S&P 500 Index when down near the Pink Line (10-day avg.) and bounced. This kept the S&P from going into a Short Term Sell Signal. Markets are too over-bought now to get many … [Read more...]
Money Wave Alert! May 29, 2020
Money Wave Alert! May 28, 2020
Markets were up again today as much of the FEAR is gone. Now emotional Investors are Buying some of the Leaders Way Above the Green Lines again, like they did at the January Highs. The NASDAQ 100 INDEX is 16 % Above the Green Line today, … [Read more...]
Money Wave Alert! May 27, 2020
Markets were up again today as the 30 DOW Stocks were strong, and the DOW finally hit the Green Line. Several of the Leaders got hit this morning with Selling, but Buyers quickly snapped them back up. The NASDAQ 100 slipped below the Pink … [Read more...]
Money Wave Alert! May 26, 2020
Markets "Gapped Up today on Good News Buying. The S&P 500 Index was able to get above last week's High of 2980, but low Volume is not Bullish. This could be Wave 5 up on the DOW (see Chart above). Techs were mixed today and BioTechs … [Read more...]
Money Wave Alert! May 22, 2020
MARKETS WILL BE CLOSED ON MONDAY MAY 25, 2020 FOR MEMORIAL DAY HOLIDAY. Markets were down slightly again today on very low Holiday Volume. The S&P 500 Index is still struggling to hold just Above the Green Line of 2937. Investor's FEAR is down … [Read more...]
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