S&P 500 Hourly Chart Markets are down today, as the S&P 500 fell below the Pink Line (10-day avg) to create selling. The target now is the Red Line (50-day avg.) around 2408, where Buyers should come back in. The Techs … [Read more...]
Money Wave Alert! Jun 26, 2017
Markets "Gapped Up" on the opening, and then went negative for a while today. The Techs were up, buy many have Reversed down today. The NASDAQ 100 Index is going back up to re-test the mid June Highs, but it is already in the Red … [Read more...]
Weekly Commentary Jun 25, 2017
06/25/2017: Markets were up slightly for the week, but the TECH Stocks bounced at the Support of the Red Lines (50-day avgs) and were up 2%. Many Investments are already back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
Money Wave Alert! Jun 23, 2017
Markets are mixed again, but many Techs are up today. The NASDAQ 100 Index is going back up to re-test the mid June Highs, but it is already in the Red Zone. The S&P 500 is still trying to hold at the Pink Line (10-day avg). Bonds … [Read more...]
Money Wave Alert! Jun 22, 2017
Markets are up slightly, as the Techs and Oil are both higher. The S&P 500 is still trying to hold at the Pink Line (10-day avg). Bonds are seeing weakness... Money Wave Buys soon! The Following Investments will probably have … [Read more...]
Money Wave Alert! Jun 21, 2017
Markets are mixed today, as the Techs are up and Oil is lower. The DOW Index is currently holding up the best. Bonds are seeing weakness... Somebody is wrong! The BioTechs have broken out this week. Money Wave Buys … [Read more...]
Money Wave Alert! Jun 20, 2017
Markets are down slightly today, as the Techs, Financials and Oil are weak. The Markets are filling some of the GAPS left from Monday's pop.. Money Wave Buys soon! The Following Investments will probably have a Money … [Read more...]
Money Wave Alert! Jun 19, 2017
Markets "Gapped Up" today as the Leading Techs and Semiconductors bounced from being Over-Sold. The S&P 500 was also able to hold Above the Pink Line (10-day avg.) around 2435, to avoid a Short Term Sell Signal. The Leading Techs … [Read more...]
Weekly Commentary Jun 18, 2017
Happy Father's Day! 06/18/2017: Markets were mostly mixed for the week, and the TECH Stocks are still battling it out at the Support of the Red Lines (50-day avgs). Money that has left the NASDAQ 100 and the Fab Five FAANG … [Read more...]
Money Wave Alert! Jun 16, 2017
Looks like AMAZON saw that WHOLE FOODS was coming out of a Bear Market, also. Too bad the Relative Strength dropped so low (below 50) yesterday, as we were waiting to Buy WFM for a Long Term Hold. Markets are down slightly today, but … [Read more...]
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