Markets were higher today as the Financials and Big Caps led the way up. The S&P 500 and DOW 30 Indices should try again to get above Monday's Highs, but the Volume needs to improve. The Buying has been poor, even with better than expected … [Read more...]
Money Wave Alert! Apr 22, 2021
Markets were lower today as the S&P 500 and DOW 30 Indices could not get above Monday's Highs and sold off. The Buying has been poor which probably indicates that the Markets need to come down further and become more over sold, if we want to see … [Read more...]
Money Wave Alert! Apr 21, 2021
Markets were higher today as the S&P 500 and DOW 30 Indices were able to bounce up off the Pink Line (10-day avgs.) to avoid Short Term Sell Signals. Buying came in, but it was not robust and the Volume was Low (Caution). The Low Volume probably … [Read more...]
Money Wave Alert! Apr 20, 2021
Markets were lower again today as the Indices are relieving their over bought condition, so we can Buy soon. Most Momentum Stocks have pulled back quite a bit, and historically they should pop back up soon. Thank you for being patient and Waiting … [Read more...]
Money Wave Alert! Apr 19, 2021
Markets were lower today as profit taking came in on lower Volume. Small Caps, Solar and Semiconductors were leading the Selling. The Indices and the Inverse Volatility Fund SVXY (see chart above) need to hold above the Pink Lines to avoid Short Term … [Read more...]
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