Markets were lower today as profit taking came in. The Indices are stretched Way Above the Green Lines and very over-bought for the Short Term. The Indices are being held up with massive Buying of the very largest Companies. You can see from the … [Read more...]
Money Wave Alert! Jul 7, 2021
Markets were higher today as the Big Tech went up, but not much else. The Indices are stretched Way Above the Green Lines and very over-bought for the Short Term., Longer Term Interest Rates are falling and Commodities were weaker, indicating that … [Read more...]
Money Wave Alert! Jul 2, 2021
Markets were higher again today on low pre-holiday Volume. The Indices are stretched Way Above the Green Lines, now that the FEAR is gone. Much of the Buying in in the very largest companies which become a large portion of the Indices. … [Read more...]
Money Wave Alert! Jul 6, 2021
Markets were mostly lower today as the Indices were stretched Way Above the Green Lines and very over-bought for the Short Term., Volume was below average, so not much Selling. Many Big Tech were higher as the Markets narrowed to the Large Caps. The … [Read more...]
Money Wave Alert! Jul 1, 2021
Markets were mostly higher today as the Indices continue to stretch Way Above the Green Lines, now that the FEAR is gone. The FED is creating an Investment Bubble, so enjoy it as long as they keep Printing. The Indices are over-bought for the Short … [Read more...]
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