Markets were down slightly today after yesterday's rally. Investors believe in the Economy and many are not worrying about taking profits. Markets are currently over-bought but Buyers still have Money. Short Term Traders should WAIT for … [Read more...]
Money Wave Alert! Jan 9, 2020
Markets continued to stretch Way Above the Green Lines as many Investors' Emotions (Hope & Greed) have overcome normal logic. The current Goldilocks Economy (Low Inflation and Low Interest Rates) will eventually change. Short Term … [Read more...]
Money Wave Alert! Jan 8, 2020
Markets were higher as the Indices were able to bounce up off the Pink Lines (10-day avgs.) and re-test last week's Highs. The S&P 500 & NASDAQ 100 made new Highs today, but not yet on Semis, DOW, & Small Caps. Markets are … [Read more...]
Money Wave Alert! Jan 7, 2020
Markets were mostly down today, but the strong Semiconductors were higher. The S&P 500 Index is struggling around the Pink Lines (10-day avgs.) around 3236. The Indices need to exceed last week's Highs soon, for the rally to … [Read more...]
Money Wave Alert! Jan 6, 2020
Markets were mixed today, but were able to recover from selling this morning and held around the Pink Lines (10-day avgs.). The Indices need to exceed last week's Highs soon, for the rally to continue. Short Term Traders should WAIT for … [Read more...]
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