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June 4, 2016

Saturday Jun 4, 2016

06/03/2016 Weekly Commentary:  Markets were mixed for the week, as the Indices struggled near the April high resistance. On Friday, Markets dropped down to the Pink Lines (10-day avgs) on bad news, but were able to bounce back up.  The S&P 500  … [Read more...]

Posted By AbovetheGreenLine at 2:56 pm Leave a Comment

June 2, 2016

Thursday Jun 2, 2016

06/02/2016 Daily Commentary: Markets edged higher today, as the S&P 500 creeps back up to the April high of 2111. The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'.  The rally since the May 19th low appears … [Read more...]

Posted By AbovetheGreenLine at 7:48 pm Leave a Comment

June 1, 2016

Wednesday Jun 1, 2016

06/01/2016 Daily Commentary: Markets were mixed again today, as most of the strongest Leaders inched  higher, but are over-bought.  The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. Caution! Most Funds are … [Read more...]

Posted By AbovetheGreenLine at 4:56 pm Leave a Comment

May 31, 2016

Tuesday May 31, 2016

05/31/2016 Daily Comment: Markets were mixed today, as most of the Leaders on Page 1 & 2 are over-bought. The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. Caution! Most Funds are back up in the Red … [Read more...]

Posted By AbovetheGreenLine at 5:22 pm Leave a Comment

May 28, 2016

Friday May 27, 2016

05/27/2016 Weekly Commentary: Markets were up 2% for the Week, as the Major Indices bounced off the Red Lines (50-day avgs). The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. Caution! Most Funds are back … [Read more...]

Posted By AbovetheGreenLine at 12:43 pm Leave a Comment Tagged With: Charts

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Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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