09/07/2016: Markets drifted today as the S&P 500 is trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones. We might close out more positions tomorrow ... We … [Read more...]
Tuesday Sep 6, 2016
09/06/2016: Markets continued up today as the S&P 500 is going back up to re-test the mid August High of 2194. Failure to push thru could cause selling. Big Cap darlings AMZN & FB made new Highs. GOLD and Metals rallied more as … [Read more...]
Weekly Commentary Sep 5, 2016
09/05/2016: Markets were up 1/2 % for the week after bouncing again at the Red Lines (50-day avgs). With the Markets Way Above the Green Lines, and the Volatility Index VIX very low, a pull-back will happen on some Bad News... Wait for … [Read more...]
Thursday Sep 1, 2016
09/01/2016: Markets were up today after the S&P 500 bounced off the Red Line (50-day avg.) GOLD and Metals finally rallied as the Dollar fell. But Interest Rates are so low, nobody wants to sell this Market, yet. The Gold … [Read more...]
Wednesday Aug 31, 2016
08/31/2016: Markets slipped more today as OIL & GOLD fell more. But Interest Rates are so low, nobody wants to sell this Market, yet. The Gold Miners have really been whacked, and might finally have Money Wave Buy Signals tomorrow. … [Read more...]
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