Markets were down today as Sellers finally took control. The Support on the S&P 500 is the Pink Line of 2693. The S&P 500 was very Over-bought on the Short Term after a 16% bounce up from the Lows. Markets have not pulled back … [Read more...]
Money Wave Alert! Feb 7, 2019
Money Wave Alert! Feb 6, 2019
Markets were mixed today as the 6 week rally appears to be losing momentum on low Volume. The S&P 500 is currently very Over-bought on the Short Term after a 16% bounce up from the Lows. Markets have not pulled back enough to … [Read more...]
Money Wave Alert! Feb 5, 2019
Markets were up again today on more low Volume as Investors continued to Buy without regard to risk. The Boeing Chart above shows how quickly emotions can change the value of a Large Company by 40%. The S&P 500 is currently very … [Read more...]
Money Wave Alert! Feb 4, 2019
Markets were up today on low Volume as Investors have no News or reason to Sell. Earnings are mostly coming out better than expected, and the FEAR has disappeared in just 6 weeks. The S&P 500 is currently very Over-bought on the Short … [Read more...]
Money Wave Alert! Feb 1, 2019
Markets were mixed again today after having a rally in the morning on Good News. The Tech stocks were lower, and there was weakness from AMZN Earnings. The S&P 500 currently very Over-bought on the Short Term after a 15% bounce up … [Read more...]
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