Markets were mixed again today as the Indices are trying to bounce up at the Pink Line (10-day avgs.). That could be Bullish if the Markets can put in a Higher Low soon. Semiconductors are still weak. The major Indices are all Below the Green Lines … [Read more...]
Money Wave Alert! Jun 28, 2022
Markets were lower again today as the Indices were back up in the Red Zones (probably too late to Buy for the Short Term). Now the Indices need to NOT make a new lows to indicate that the Selling could be over for a while. The major Indices are all … [Read more...]
Money Wave Alert! Jun 27, 2022
Markets were mostly lower today as the Indices drifted on very low Volume. There was very little Buying, as the major Indices are above the Pink Lines (10-day avgs.), and the next Resistance is the Red Lines (50-day avgs.). The Strongest Leaders … [Read more...]
Money Wave Alert! Jun 24, 2022
Markets were sharply higher today as long term Interest Rates have dropped from 3.5 % to 3.15%. Falling Rates and Commodity prices have investors hoping that Inflation has peaked. Now the major Indices are above the Pink Lines (10-day avgs.), so the … [Read more...]
Money Wave Alert! Jun 23, 2022
Markets were slightly higher today as the major Indices are struggling to get above the Pink Lines (10-day avgs.) But the strong stocks that have benefitted from the Russian war this year were all having major profit taking (Wheat, Chemicals, … [Read more...]
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