06/14/2016 Daily Commentary: Markets were down again today, but the Major Indices are back down in the Green Zones. Markets are down near the Red Lines (50-day avgs.) and the S&P 500 should bounce soon near the Red Line (50-day avg.). Money … [Read more...]
Monday Jun 13, 2016 Daily Commentary
06/13/2016 Daily Commentary: Markets were down today, as the Leaders should return back down to the Green Zones. Last week, many Indices could not get above the April highs, indicating a lack of Buyers. Markets were very over-bought on the short … [Read more...]
06/11/2016 Markets stalled at April Highs
06/11/2016 Weekly Commentary: Markets were down slightly for the week, as the S&P 500 had a 'False Breakout' at 2111, and Oil prices pulled back. Many Indices could not get above the April highs, indicating a lack of Buyers. Markets were very … [Read more...]
Thursday Jun 9,2016
06/09/2016 Daily Commentary: Markets dropped down on the opening, as Oil prices pulled back and Bonds soared. Maybe another small rally in the morning, but Markets are very over-bought on the short term. The S&P 500 has Support at the Pink … [Read more...]
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...]