Markets were lower today as the Indices were up in the Red Zones (probably too late to Buy for the Short Term). The S&P 500 is trying to hold above the Pink Line (10-day avg.) of 4174 to avoid a Short Term Sell Signal. The major Indices are … [Read more...]
Money Wave Alert! Apr 29, 2021
Markets were higher today on Good News from Apple and FaceBook Earnings. The S&P 500 was able to make New Highs but the Volume was below average. Soon undisciplined Investors will spend all of their Money Buying at the Highs, and later will … [Read more...]
Money Wave Alert! Apr 28, 2021
Markets were mixed again today after the FED left Interest Rates unchanged. The FED has Printed $5 Trillion in the last year, but doesn't see an Inflation problem anytime soon? Maybe the FED should look at some bullish Commodity Charts, or maybe … [Read more...]
Money Wave Alert! Apr 27, 2021
Markets were mixed again today on a tight trading range with low Volume. The Indices and Leaders are mostly up in the Red Zones (probably too late to Buy for the Short Term). The Markets are waiting on Earnings tonight for Google & Microsoft. … [Read more...]
Money Wave Alert! Apr 26, 2021
Markets were mixed today but there were finally some good Pops in the Low Price sector (see chart above). The S&P 500 and DOW 30 Indices are on Highs and over-bought. There is only 1 Stock on the Swing Trading Watch List, which normally means a … [Read more...]
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