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...]
Weekly Commentary July 9, 2017
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...]
Money Wave Alert! Jul 7, 2017
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...]
Money Wave Alert! Jul 6, 2017
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...]
Money Wave Alert! Jul 5, 2017
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...]
Money Wave Alert! Jun 3, 2017
Markets CLOSE at 1:00pm EDT today! Markets popped up today, but the Techs are still weak, and trying to hold above the June Lows. The DOW Index holding up the best. S&P 500 has bounced at the Red Line (50-day avg.) and must … [Read more...]
Weekly Commentary Jul 2, 2017
Monday July 3, 2017 is a Early Close Market Day: 1:00 pm EDT. 07/02/2017: Markets were mixed for the week, but the TECH Stocks went back down to the Support of the Red Lines (50-day avgs). Many Investments are back down in the Green … [Read more...]
Money Wave Alert! Jun 30, 2017
Markets popped up today, as the Indices recovered some of the losses from Thursday. The major Indices managed to hold or bounce at the Red Lines (50-day avgs), with the DOW Index holding up the best. The weaker Techs are trying to hold … [Read more...]
Money Wave Alert! Jun 29, 2017
Markets dumped today, as the Indices returned to the Red Lines (50-day avgs). The DOW Index is holding up the best, and the weaker Techs are trying to hold above the June Lows. S&P 500 has bounced at the Red Line (50-day avg.) around 2409, … [Read more...]
Money Wave Alert! Jun 28, 2017
Markets "Gapped Up" today, as the DOW Index was holding up very well, and the Techs bounced near the June Lows. S&P 500 closed below the Pink Line (10-day avg) yesterday to create selling. The target now is the Red Line (50-day … [Read more...]
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