Markets were down today as the S&P 500 Index is testing Support at 3028 (see Chart above). Many Investors correctly SOLD on the GOOD NEWS of the FED Rate Cut yesterday. Most Leaders were Way Above the Green Lines, and needed to correct … [Read more...]
Money Wave Alert! Oct 30, 2019
Markets were up today after the FED cut the Fed Funds Rate by 1/4 point as expected. Several Indices are lower than Monday's Highs and Volume was lower, The S&P 500 Index has Support at 3028. Most Leaders are Way Above the Green … [Read more...]
Money Wave Alert! Oct 29, 2019
Markets were mixed today after yesterday's rally to Highs on the S&P 500 Index. The S&P 500 Index is above the August Highs of 3028, so 3028 should now be Support. The Volume is Low and most Leaders are Way Above the Green Lines, … [Read more...]
Money Wave Alert! Oct 28, 2019
Markets "Gapped Up" as Good News Investors cannot wait to get fully invested at the Highs. The S&P 500 Index is above the August Highs of 3028, to 3042. The Volume is Low and most Leaders are Way Above the Green Lines, so be cautious … [Read more...]
Money Wave Alert! Oct 25, 2019
Markets popped up today on Good News and Low Volume. The S&P 500 Index went up to 3027, almost back up to the August Highs of 3028. The FED is supposed to Lower the Fed Funds rate again next Wednesday. The FED might have a tough sell … [Read more...]
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