Markets were higher today as the Selling dried up from the morning sell off. Then mild Buying came in but it was not impressive. Most of the Leaders are coming down from the Red Zones (probably too late to Buy for the Short term), but we don't know … [Read more...]

Markets were lower today as FaceBook dropped 26 % on weaker than expected Earnings. Most of the Leaders were back up in the Red Zones (probably too late to Buy for the Short term), so we were expecting a Wave 2 pull-back down to re-test last week's … [Read more...]

Markets were higher again today on continued Buying. No Sellers yet, but most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short term). The Volume is slowing down from lack of Buyers at this level. The stronger DOW 30 … [Read more...]

Markets were higher again today on mild Buying. The Volume is slowing down from lack of Buyers at this level. The stronger DOW 30 and S&P 500 Indices should have Resistance near the Red Lines (50-day avgs). The Techs are having some profit taking … [Read more...]

Markets were higher again today as Buyers came in to scoop up the over-sold Indices. The stronger DOW 30 and S&P 500 Indices have bounced up nicely off the Green Lines, as Investors made a decision to Buy over the weekend. This rally should have … [Read more...]