08/08/2016 Daily Commentary: Nothing to report today...Markets were mixed on lower Volume. The S&P 500 could be in Wave 5 up, since the bounce off the Green Line in late June. After Wave 5 is complete, the S&P 500 should drop down to test … [Read more...]
Weekly Commentary – Markets are preparing for Higher Interest Rates!
08/06/2016 Weekly Commentary: Markets were up slightly for the week, and Closed strong on better economic news. Now the Markets are preparing for Higher Interest Rates, as Bonds, Utilities and Real Estate all have weakened (Relative Strength has … [Read more...]
Thursday Aug 4, 2016
08/04/2016 Daily Commentary: Markets are creeping back up to re-test Monday's High... FAILING soon should cause selling. The Strongest Leaders are already back up to re-testing the highs. The S&P 500 should drop down soon to test Support … [Read more...]
Wednesday Aug 3, 2016
08/03/2016 Daily Commentary: Markets rebounded slightly today after finally falling below the Pink Lines (10-day avgs.) The Strongest Leaders are going back up to re-test the highs. The S&P 500 should drop down soon to test Support around … [Read more...]
Tuesday Aug 2, 2016
08/02/2016 Daily Commentary: Markets finally broke the Pink Lines (10-day avgs.), and some selling came in. The Strongest Leaders should go up once more. The S&P 500 should drop down soon to test Support around 2130. Bonds must make Higher … [Read more...]
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