The S&P 500 Index must bounce up off the Pink Line to avoid a short term Sell Signal. Markets were mixed today on more low Volume trading. The S&P 500 and the DOW 30 Indices need to exceed last week's highs for this rally since … [Read more...]
Money Wave Alert! Apr 14, 2023
Markets were lower today as long term Interest Rates rose. The S&P 500 and the DOW 30 Indices were able to make higher highs this morning. But the Markets and Leaders are extended for the short term, and profit taking came in. The stronger Big … [Read more...]
Money Wave Alert! Apr 13, 2023
Markets were higher today as wholesale prices dropped. This encouraged some that the FED could be finished Tightening of short term Interest Rates soon. The stronger Big Techs & NASDAQ 100 Index are coming down for Buy Signals soon after making … [Read more...]
Money Wave Alert! Apr 12, 2023
Markets were lower today on mild profit taking and more low Volume. The CPI number today was slightly lower than expected, but Inflation was still at 5%. The stronger Big Techs & NASDAQ 100 Index are coming down for Buy Signals soon after making … [Read more...]
Money Wave Alert! Apr 11, 2023
Markets were higher again today on low Volume as investors wait for the CPI number tomorrow. The stronger Big Techs & NASDAQ 100 Index are coming down for Buy Signals soon after making higher highs last week, which is Bullish. Many can't … [Read more...]
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