06/04/2017: Markets were up again for the week, as momentum pushed the Indices higher. Next week Congress returns, which could put a damper on the enthusiasm. The weekly S&P 500 Chart (see Chart above) closed above the Top Bollinger … [Read more...]
Money Wave Alert! Jun 2, 2017
The Markets are higher again today, and all of the major Indices are participating on lower Volume. The very Strongest Techs are Blowing Out! The S&P 500 made a Higher high today of 2440. The Markets have no FEAR, therefore no … [Read more...]
Money Wave Alert! June 1, 2017
A few Darlings are still going higher! The Markets popped up today, but the very Strongest Techs are not participating in today's rally. The S&P 500 corrected down to 2404 yesterday, and has exceeded last Thursday's High of 2419. The … [Read more...]
Money Wave Alert! May 31, 2017
The Markets are down slightly today, as the very Strongest Techs are having mild profit taking. The S&P 500 corrected down to 2404 before bouncing... It should re-test last Thursday's High of 2419 again soon. The Financials and … [Read more...]
Money Wave Alert! May 30, 2017
The Markets are mixed again today, but the very Strongest Techs are up higher on low Volume. Still no Sellers today after the S&P 500 was able to make New Highs on Thursday. The Financials are still struggling on fears of Economic … [Read more...]
Weekly Commentary May 28, 2017
NASDAQ 100 is Curving Up on Buying Stampede! 05/28/2017: Markets were up over 1% for the week, on a Buying Stampede of the FANG stocks (FB AMZN NFLX GOOGL) which surged an average of 3.5% each for the week! Momentum has taken over, as the … [Read more...]
Money Wave Alert! May 26, 2017
The Markets are mixed today before the Memorial Day weekend (Markets will be Closed on Monday). No Sellers today after the S&P 500 was able to make New Highs on Thursday. Most Funds are back up in the Red Zones (probably too late … [Read more...]
Money Wave Alert! May 25, 2017
The S&P 500 was able to push thru the 2405 Resistance of Mid May, on below average Volume. The Strongest Indices (Naz 100, Semis & Techs), have also made New Highs today. The NYSE, DOW 30, Small Caps, Transports, Financials & … [Read more...]
Money Wave Alert! May 24, 2017
The Markets are up again today as the S&P 500 is near the 2405 Resistance, on lower Volume. Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term). The Strongest Indices (Naz 100, Semis & Techs), are … [Read more...]
Money Wave Alert! May 23, 2017
The Markets are up slightly today on low Volume, as the Strongest Indices (Naz 100, Semis & Techs), are back up near the recent Highs. As the NAZ 100 has rallied back up (see Chart above), the Volume has dried up (normally Bearish). … [Read more...]
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