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June 8, 2016

Wednesday Jun 8, 2016

06/08/2016 Daily Commentary:  The Volatility Index VIX was up today, maybe signaling that Smart Money is Buying VIX for a pull-back in the Markets. Markets were up today, but they are very over-bought on the short term.   The S&P 500  was able … [Read more...]

Posted By AbovetheGreenLine at 7:55 pm Leave a Comment

June 7, 2016

Tuesday Jun 7, 2016

06/07/2016 Daily Commentary:  Not much change today, as the Markets popped up more today, but closed weak. The bounce up at the Red Line (50-day avg.)  from two weeks ago might be over.  The S&P 500  was able to go slightly above the April Highs, … [Read more...]

Posted By AbovetheGreenLine at 9:53 pm Leave a Comment

June 6, 2016

Monday Jun 6, 2016

06/06/2016 Daily Commentary:  Markets popped up more today, continuing the bounce up at the Red Line (50-day avg.)  from two weeks ago.  The S&P 500  was able to go slightly above the April Highs, but other Indices are lagging, and the Volume is … [Read more...]

Posted By AbovetheGreenLine at 5:04 pm Leave a Comment

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

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