Markets were mostly lower today, as the weaker Tech Stocks got hit. The DOW 30 Index and the S&P 500 are too over bought to go much higher without a pullback. Trading would be better if these Indices could pull back down to the Red Lines (50-day … [Read more...]
Money Wave Alert! May 7, 2021
Markets were higher again today, as many Momentum Stocks finally popped up. The DOW 30 Index and the S&P 500 are back on the Highs, with the other Indices laggings. Volume is low as a warning not to Buy Way Above the Green Lines. Industrial … [Read more...]
Money Wave Alert! May 6, 2021
Markets were mostly higher today, but the Solar and Momentum Stocks continued to flush Tammy out after 30 -50 % Corrections from the recent Highs. Many Momentum stocks should be able to pop up again as long as the 50-day averages do not fall below … [Read more...]
Money Wave Alert! May 5, 2021
Markets bounced up today after yesterday's drop. The Volume was low on the Buying today, but picked up on the selling yesterday (Bearish). The DOW 30 Index is back on the Highs, with the other Indices laggings. Oil Stocks were strong today and are … [Read more...]
Money Wave Alert! May 4, 2021
Markets were lower higher today as the Tech Stocks dumped. Treasury Secretary Yellen Says Interest Rates may have to rise to keep the Economy from overheating. Oh my, what a surprise, and the Bond Market agrees with Yellen. But the FED says Low Rates … [Read more...]
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