07/30/2017: Markets were mixed this week, as the Indices are back up at Resistance after the 2 week Earnings Rally. Investors have been Buying on better than expected Earnings, but most of the news is out. Most Indices are making new … [Read more...]
Weekly Commentary Jul 23, 2017
07/23/2017: Markets were able to make new Highs this week, after bouncing off the Red Lines (50-day avg.) in early July. Most Indices are making new Highs, but not many individual stocks are. Most Leaders are in the Red Zones, so Short … [Read more...]
Weekly Commentary Jul 16, 2017
07/16/2017: Markets finally bounced off the Red Lines (50-day avg.) and are back up to the Highs. We will see if the S&P 500 can push higher this week. Most Funds are in the Red Zones, so Short Term Traders should be raising … [Read more...]
Weekly Commentary July 9, 2017
07/09/2017: Markets were mixed again for the week, as the S&P 500 has been hoovering Above the Red Line (50-day avg.) for 6 weeks. Several of the FAANG Stocks (AAPL NFLX & GOOGL) have Closed but their Red Lines. The TECH … [Read more...]
Money Wave Alert! Jul 5, 2017
Markets are mixed today, but the Techs are trying to firm up at the late June Support. The DOW Index holding up the best. S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue. … [Read more...]
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