Markets were higher today as the Momentum Stocks finally popped up on Money Wave Buy Signals & Short Covering. Many were up 10 -20 % today, and now need to get above the Pink Lines (10-day avgs.) to go higher. The Momentum Leaders should pop at … [Read more...]
Money Wave Alert! Mar 9, 2021
Money Wave Alert! Mar 8, 2021
Markets were mostly higher today but some Big Tech and Momentum Stocks continued lower. Many newer Investors did not realize how High the Momentum Stocks had become, and are now panic selling the Leaders after they have dropped 30 - 60 % from the … [Read more...]
Money Wave Alert! Mar 5, 2021
Markets were lower this morning but some Buying finally came in after lunch. Big Tech and Momentum Stocks have dropped hard this week as beginner investors bought Way Above the Green Line recently, and then got Flushed. Tesla lost $350 BILLION of … [Read more...]
Money Wave Alert! Mar 4, 2021
Markets were lower again today as Big Tech and Momentum Stocks got hit hard for the second day. Some of the strongest Leaders are quickly down 40 - 60 % from the recent Highs, but they should pop back up at least 1/2 way when the Selling is over. We … [Read more...]
Money Wave Alert! Mar 3, 2021
Markets were mixed to lower today as some Big Tech and Momentum Stocks got hit hard. The DOW 30 and Small Cap Indices are holding up fine, but lots of profit taking on the Leaders. Money Wave Pops have been weak, and the Markets need more Stimulus … [Read more...]
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