Markets were sharply higher today as the buying continued and AAPL was up 8% on Earnings. This pulled the Big Tech stocks higher, but the NASDAQ 100 could not make a higher high like the other Indices did. The Markets are over-bought again from a … [Read more...]
Money Wave Alert! Oct 27, 2022
Markets were mixed today as FaceBook (META) dumped 25 % on weak Earnings and pulled the Big Tech stocks down. The Markets were over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks. Many of the Leaders were quickly back up in the Red … [Read more...]
Money Wave Alert! Oct 26, 2022
Markets rallied in the morning, but then weakened as Microsoft & Google were down 7 % & 9 % on Earnings. The Markets are over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks, as the Long Term Interest Rates finally dropped. Most … [Read more...]
Money Wave Alert! Oct 25, 2022
Markets were higher again today as the Long Term Interest Rates finally dropped down. Most of the FEAR has disappeared and now the Indices are trying to get back above their Red Lines (50-day averages. Many of the Leaders are quickly back up in … [Read more...]
Money Wave Alert! Oct 24, 2022
Markets were higher again today as the FEAR has disappeared and the Indices are trying to get back up to their Red Lines (50-day averages. The FED has finally began to "walk back" their hawkish Tightening tone... Many of the Leaders are quickly back … [Read more...]
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