Markets were higher today on slow Holiday trading. The S&P 500 and NASDAQ 100 bounced up at the Pink Lines (10-day avgs.) and are trying to exceed last week's high for the rally to continue. But the Institutional Money is away, so there are no … [Read more...]
Money Wave Alert! Dec 22, 2023
MARKETS WILL BE CLOSED ON MONDAY. MERRY CHRISTMAS! Markets were mixed today on slow Holiday trading. The S&P 500 and NASDAQ 100 are holding above the Pink Lines (10-day avgs.) to avoid short term Sell Signals. Now the Indices … [Read more...]
Money Wave Alert! Dec 21, 2023
Markets were higher today after yesterday's pull back. The S&P 500 and NASDAQ 100 were able to hold above the Pink Lines (10-day avgs.) to avoid short term Sell Signals. Now the Indices need to exceed Wednesday's high soon for the rally to … [Read more...]
Money Wave Alert! Dec 20, 2023
Markets were lower today on normal profit taking after a 9 day move up with low Buying Volume. Markets are now Way Above the Green Line which tells us that Markets no longer offer a good Reward / Risk ratio. Remember, we like to Buy on Bad News … [Read more...]
Money Wave Alert! Dec 19, 2023
Markets were higher again today with 9 days up on low Buying Volume. Markets are now Way Above the Green Line which tells us that Markets no longer offer a good Reward / Risk ratio. Remember, we like to Buy on Bad News (October) and take profits … [Read more...]
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