Markets are finally pulling back after being very over-bought. The S&P 500 could not exceed Wednesday's High today, so traders bailed after the S&P 500 dropped below the Pink Line (10-day avg.) Closing below the Pink Line normally … [Read more...]
Money Wave Alert! Jan 24, 2020
Money Wave Alert! Jan 23, 2020
Markets rebounded today after dropping down to the Pink Lines (10-day avgs.) and then bouncing. Closing below the Pink Line would normally create a Short Term Sell Signal. The Leading Tech & Semi Stocks were slightly higher. Some of the … [Read more...]
Money Wave Alert! Jan 22, 2020
Markets were mostly higher today as the Tech Stocks made New Highs. The S&P was able to get above Friday's High this morning, but might not Close there. Markets are on Highs and many traders are willing to wait for Earnings to come … [Read more...]
Money Wave Alert! Jan 21, 2020
Markets were lower today after the S&P re-tested Friday's High but could not get thru. Many are waiting on more Earnings to come out. Markets are near Highs so very few Leaders have returned to their Green Buy Zones yet (only 1 … [Read more...]
Money Wave Alert! Jan 17, 2020
Markets will be Closed on Monday Jan 20,2020 for a Federal Holiday. Markets were slightly higher again today as Earnings are coming out, and some are better than expected. Markets are on Highs and many are cautious, but others are afraid … [Read more...]
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