The Markets are mixed today, and are extremely Over-Bought. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th. After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We are taking … [Read more...]
Weekly Commentary Dec 11, 2016
12/11/2016: Markets squirted up 3% this week, right before the FED is probably going to RAISE Fed Funds Rate... Why is nobody talking about the FED? Most are Excited about the Trump Rally, and are hopeful many problems will be fixed. What … [Read more...]
Money Wave Sell Alert! Dec 9, 2016
More of the same... The Markets are up again today. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th (see Chart above). After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We are … [Read more...]
Money Wave Sell Alert! Dec 8, 2016
The Markets are up again today, but with much less power. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th (see Chart above). After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We … [Read more...]
Money Wave Sell Alert! Dec 7, 2016
Taking Profits today! The Markets have squirted up more today, as the S&P popped up above 2214 to 2226 soon. We are taking profits today, as the Bullish Sentiment is too HIGH. A normal pull-back would take the S&P 500 down near the Red Line … [Read more...]
Money Wave Buy Alert! Dec 6, 2016
Caution! The DOW is very Over-Bought! The Markets are struggling to get back up to last week's Highs. The DOW & Small Caps made Higher Highs, but the S&P & NAZ have not... Selling should come in soon if the S&P cannot … [Read more...]
Money Wave Buy Alert! Dec 5, 2016
The Markets are quickly back up near the highs today... Several more Money Wave Buys today, but BE CAREFUL buying on TINY PULL-BACKS. This could be FAKE-OUT. A normal pull-back would take the S&P 500 down near the Red Line (50-day … [Read more...]
Weekly Commentary Dec 4, 2016
12/4/2016: Markets were down slightly for the week, after being extremely over-bought. The S&P 500 is back up in the Red Zone on the weekly Chart above, and is also at the Top Bollinger Band from the Trump rally. Normally a … [Read more...]
Money Wave Buy Alert! Dec 2, 2016
The Markets are mixed on Friday as the S&P 500 is trying to hold above yesterday's low of 2187. A normal pull-back would take it down near the Red Line (50-day avg.) but it is already back down in the Green Zone. Many Leaders should … [Read more...]
Money Wave Buy Alert! Dec 1, 2016
The Markets are down today (other that the DOW) as the S&P 500 has dropped Below the Pink Line (10-day avg.) to create a short term Sell Signal now weakening. The S&P 500 is back below above the August High of 2194 .The NAZ and … [Read more...]
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