Markets were up slightly today, as the Semiconductors bounced with the weak US Dollar. The Strongest Leaders are slowly coming down and are almost in the Green Zones for Money Wave Buy signals. The S&P 500 Index is trying to Close back above the … [Read more...]
Money Wave Alert! Jul 24, 2020
Markets were down again today, as the Big Techs are coming down to the Green Zones. The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index is below the Pink Line (10-day avg.) of 3225 for a possible Short … [Read more...]
Money Wave Alert! Jul 23, 2020
Markets were down today, as the Big Techs had some profit taking on Microsoft's Earnings (-4%). The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index needs to stay above the Pink Line (10-day avg.) of … [Read more...]
Money Wave Alert! Jul 22, 2020
Markets were up slightly today, as the Markets wait for Microsoft & Tesla Earnings tonite. Not many New Highs lately on the Big Tech Stocks. Many of the Strongest Leaders are very over-bought, so many are waiting on a pull-back. Volume was very … [Read more...]
Money Wave Alert! Jul 21, 2020
Markets were up again today, but the Big Tech Stocks were weaker. Many of the Strongest Leaders are very over-bought, so many are waiting on a pull-back. Volume was very Low. The S&P 500 Index was able to Close above 3238 to remain … [Read more...]
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