Markets were mixed today after yesterday's rally to Highs on the S&P 500 Index. The S&P 500 Index is above the August Highs of 3028, so 3028 should now be Support. The Volume is Low and most Leaders are Way Above the Green Lines, … [Read more...]
Money Wave Alert! Oct 29, 2019
Money Wave Alert! Oct 28, 2019
Markets "Gapped Up" as Good News Investors cannot wait to get fully invested at the Highs. The S&P 500 Index is above the August Highs of 3028, to 3042. The Volume is Low and most Leaders are Way Above the Green Lines, so be cautious … [Read more...]
Money Wave Alert! Oct 25, 2019
Markets popped up today on Good News and Low Volume. The S&P 500 Index went up to 3027, almost back up to the August Highs of 3028. The FED is supposed to Lower the Fed Funds rate again next Wednesday. The FED might have a tough sell … [Read more...]
Money Wave Alert! Oct 24, 2019
Markets continued to be slow as many are nervous with radical Earnings coming out. The S&P 500 Index is trying to bounce up off the Pink Line (10-day avg.) around 2992 for this rally to continue. Next Resistance is the August Highs … [Read more...]
Money Wave Alert! Oct 23, 2019
Markets were mixed again today on very Low Volume. The S&P 500 Index needs to bounce up off the Pink Line (10-day avg.) around 2985 for this rally to continue. Next Resistance is the August Highs of 3028. We are reluctant to Buy … [Read more...]
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