07/07/2016 Daily Commentary: Markets went up to Resistance of 2111 today on the S&P, and then pulled back on low Volume. A larger pull-back could happen soon if the S&P FAILS tomorrow around 2111. Crude Oil dropped 5% today. Caution! Most of … [Read more...]
Wednesday July 6, 2016
07/06/2016 Daily Commentary: Markets went down this morning, and bounced at the Pink Lines (10-day avgs.) The S&P should re-test recent highs of 2111 soon. A larger pull-back could happen soon if the S&P FAILS around 2111. Interest Rates … [Read more...]
Tuesday Jul 5, 2016 Market rally paused from falling Oil Prices
07/05/2016 Daily Commentary: Markets dropped slightly today, as most of the Leaders are back up in the Red Zones. S&P should re-test recent highs soon. Oil prices dropped 5% today, and Interest Rates plunged to new lows. Bonds blew up to new … [Read more...]
7/2/2016 Weekly Commentary
07/02/2016 Weekly Commentary: Markets popped up 3% for the week, after banging on the Green Line on the Monday sell-off. Interest Rates have collapsed. Bonds blew up to new highs, and Gold made new Highs. HUH? Somebody will be wrong. Be careful in … [Read more...]
Thursday Jun 30, 2016
06/30/2016 Daily Commentary: Markets continued up more today, as the 2nd Quarter ended, and the Funds like to get bonuses. Volume was lower, and the Markets are quickly becoming over-bought, with pajama boys buying before the Holiday on Monday. … [Read more...]
Wednesday Jun 29,2016
06/29/2016 Daily Commentary: Markets bounced more today, as many Funds & Indices went into Money Wave Buys. Volume was lower, so the S&P 500 should go back down soon to re-test Monday's lows. Money Wave Buys on Wednesday for ALB, BBG, … [Read more...]
Tuesday Jun 28, 2016
06/28/2016 Daily Commentary: Markets bounced today, after becoming very over-sold. The Fear Index (VIX) dropped another 20% today, indicating that the Panic Buying of Put Options is drying up. If this is a Wave 2 down, (after completing Wave 1 from … [Read more...]
Monday Jun 27, 2016
06/27/2016 Daily Commentary: Selling continued today, but the Markets are becoming very over-sold. The Fear Index (VIX) dropped 7% today, indicating that the Panic Buying of Put Options is drying up. If this is a Wave 2 down, (after completing Wave … [Read more...]
6/25/2016 Weekly Commentary –
06/25/2016 Weekly Commentary: Markets FAILED below the early June high of 2121 on the S&P 500, and sold off. The S&P 500 should bounce soon near Support of 2026. Wait for Green Zone Buys. The Markets were totally "faked out" on the … [Read more...]
Thursday Jun 23, 2016
06/23/2016 Daily Commentary: Markets popped up today, as the S&P 500 is almost back up to the 2121 recent high. Failure to make a Higher High would be "Bearish". Markets obviously know the results of the EU vote, and Smart Money should be … [Read more...]