Markets were lower today on normal profit taking, as the Semiconductors & Big Techs had big moves up this week. Now the Red Lines (50-day avgs.) need to become Support for the Indices to have further Market rallies. Semiconductors are hoping for … [Read more...]
Money Wave Alert! Jul 22, 2022
Money Wave Alert! Jul 21, 2022
Markets were higher again today, as the Semiconductors & Big Techs led the way on Short Covering. The Indices are finally above the Red Lines (50-day avgs.) which need to become Support for further Market rallies. Semiconductors are hoping for … [Read more...]
Money Wave Alert! Jul 20, 2022
Markets were higher again today, as the Indices are finally Closing above the Red Lines (50-day avgs.) which has been Resistance since May. FEAR has quickly disappeared now as the Indices are creeping higher. Semiconductors are hoping for another … [Read more...]
Money Wave Alert! Jul 19, 2022
Markets were sharply higher today, as the Indices are trying again to Close above the Red Lines (50-day avgs.) which has been Resistance since May. The Small Caps, DOW 30 and NASDAQ 100 Funds are currently above the Red Lines today, but the Volume … [Read more...]
Money Wave Alert! Jul 18, 2022
Markets gapped up in the morning, and then faded as the Indices stalled out near the Red Lines (50-day avgs.) which has been Resistance since May. The Volume was only about half of normal as many are not Buying at this time. We had several Money … [Read more...]
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