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July 16, 2017

Weekly Commentary Jul 16, 2017

NYSE Chart

  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...]

July 14, 2017

Money Wave Alert! Jul 14, 2017

SPX Chart

  Markets are up again today, as the S&P 500 has been able to make New Highs today on lower Volume.  The June High of 2453 was exceeded by about 7 points today. The Tech Stocks are mostly in the Red Zones (probably too late to Buy for … [Read more...]

July 13, 2017

Money Wave Alert! Jul 13, 2017

NYSE Chart

  Markets are up slightly today, as the S&P 500 tries to make New Highs soon so the rally can continue.  The June High was 2453, about 4 points higher than today. The Tech Stocks are mostly in the Red Zones, and are struggling today … [Read more...]

July 12, 2017

Money Wave Alert! Jul 12, 2017

SPX Chart

  Markets "Gapped Up" today, as the S&P 500 tries to make New Highs soon so the rally can continue.  The June High was 2453, about 8 points higher than today. The Tech Stocks are mostly in the Red Zones (probably too late to Buy for … [Read more...]

July 11, 2017

Money Wave Alert! Jul 11, 2017

QQQ Chart

  Markets are up slightly again today, as the S&P 500 tries to make New Highs soon so the rally can continue.   The Tech Stocks are quickly getting back up into the Red Zones (probably too late to Buy for the Short Term). Bonds have … [Read more...]

July 10, 2017

Money Wave Alert! Jul 10, 2017

SPX Chart

  Markets are up slightly today, as buyers decided that the S&P 500 would hold at the Red Line (50-day avg.)  Now it must make New Highs soon for the rally to continue.   The Tech Stocks are bouncing out of the Green Zone. Bonds … [Read more...]

July 9, 2017

Weekly Commentary July 9, 2017

SPX Weekly

  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...]

July 7, 2017

Money Wave Alert! Jul 7, 2017

NYA Chart

  Markets "Gapped Up" today, as buyers came in with the S&P 500 down on the Red Line (50-day avg.)  Now it must make New Highs soon for the rally to continue.   The Tech Stocks are bouncing out of the Green Zone. Bonds have dumped … [Read more...]

July 6, 2017

Money Wave Alert! Jul 6, 2017

SPX Chart

  Markets are down today, and the S&P 500 is back down on the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.   The Tech Stocks are trying to hold in the Green Zone. Bonds have dumped for the last 2 … [Read more...]

July 5, 2017

Money Wave Alert! Jul 5, 2017

QQQ Index

  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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