It looks like the Markets are not going to correct until Apple completes its Melt Up (opposite of Melt Down). Mutual Funds are panic buying Apple 26% Above the Green Line! The S&P 500 & DOW finally slipped below the Pink Lines … [Read more...]
Money Wave Alert! May 11, 2017
The S&P 500 & DOW finally slipped below the Pink Lines (10-day avg.) and some selling came in this morning. The Strongest Leaders (Techs & NASDAQ 100) quickly bounced off the Pink Lines, so the Markets were able to recover most … [Read more...]
Money Wave Alert! May 10, 2017
Micron is back up near the Highs! Markets are at total Equilibrium (same amount of Buyers & Sellers) at the March Highs (Resistance). The S&P 500 is still barely holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell … [Read more...]
Money Wave Alert! May 9, 2017
Markets still cannot decide to push up thru Resistance, or Fail today. The S&P 500 is still barely holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. The DOW, NYSE & Transport Indices have still not made … [Read more...]
Money Wave Alert! May 8, 2017
Markets cannot decide to push up thru Resistance, or Fail today. The S&P 500 is still holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal. The DOW, NYSE & Transport Indices have still not made it back up to … [Read more...]
Weekly Commentary May 7, 2017
05/07/2017: Markets were up for the week, as the Indices are finally re-testing the March Highs. The NASDAQ 100, Techs & World Indices have gotten stronger, while the DOW, Financials, Transports, Metals & Commodities have all … [Read more...]
Money Wave Alert! May 5, 2017
Markets are up slightly today, as Crude Oil has recovered a little. The S&P 500 is still holding Above the Pink Line (10-day avg.) to avoid a Short Term Sell Signal (see Chart above). The S&P, DOW, NYSE & Transport Indices … [Read more...]
Money Wave Alert! May 4, 2017
Markets are still mixed today, even with the House passing a new Heath Care Act. The S&P 500 is barely holding Above the Pink Line (10-day avg.), and should burp up soon. The S&P, DOW, NYSE & Transport Indices have still not … [Read more...]
Money Wave Alert! May 3, 2017
Markets are mixed again today, as the S&P 500 dipped down to the Pink Line (10-day avg.), and should burp up soon. The S&P, DOW, NYSE & Transport Indices have still not made it back up to the March Highs. Try to unload … [Read more...]
Money Wave Alert! May 2, 2017
Markets are mixed today, and the S&P 500 is going sideways at the March Highs (see Chart Above). Maybe another burp up soon. AAPL Earnings are today after the Close. Try to unload investments that you own that are struggling (not … [Read more...]
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