Markets "Gapped Up" today on favorable Trade news, and the S&P 500 Index popped well above last Friday's Resistance of 2943. The Market is rather weird today as many momentum stocks were down. The FEAR level has dropped, so FEAR Trades … [Read more...]
Money Wave Alert! Sep 4, 2019
Markets were higher today but are still struggling below last week's Highs. Volume is low, showing poor conviction by today's Buyers as many have FEAR. The FEAR is High, so probably a Stock Rally coming. The S&P 500 … [Read more...]
Money Wave Alert! Sep 3, 2019
Markets were down again today on lower Volume and some unfavorable news. The FEAR is High, so probably a Stock Rally coming. Techs and Semiconductors were under pressure from Trade Fears. The S&P 500 Index stalled up near Resistance … [Read more...]
Money Wave Alert! Aug 30, 2019
Markets were down slightly today as the good Buying has dried up without favorable news. The S&P 500 Index stalled up near Resistance of 2943 this morning, and Sellers came in. Resistance is 2943. Markets are trying to stay above … [Read more...]
Money Wave Alert! Aug 29, 2019
Markets were up today on favorable Trade War news. The S&P 500 Index was able to cross above 2900 to bring in more Buying. Next Resistance is 2943. The Buying on many Stocks has been very tentative today, as Investors are nervous. … [Read more...]
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