The Markets can't decide if the Economy is getting stronger or weaker... The recent Bond bounce, and the Financial & Commodity drop shows weakness. The Economy needs to show faster growth for higher Interest Rates and Inflation, which … [Read more...]
Money Wave Alert! Apr 3, 2017
The Markets dropped down today as most of the Leaders were back up in the Red Zones. This could still be part of the mild one month Wave 4 down Correction (see Chart above). The major Indices should go back up to re-test the recent … [Read more...]
Weekly Commentary for Apr 1, 2017
04/01/2017: REALITY CHECK TIME. Since the Trump Rally began on Nov 8th (or when the Market bounced off the Green Line), the S&P 500 is up 10.8%. If you are expecting more upside on the Markets without a pull-back, you will probably be … [Read more...]
Money Wave Alert! Mar 31, 2017
The Markets are very slow today as most of the Leaders are already back up in the Red Zones. The major Indices are going up to re-test the recent Highs. The Financials are struggling at the Red Line (50-day avg), and are weaker than … [Read more...]
Money Wave Alert! Mar 30, 2017
The Markets are up today as the Indices are going up to re-test the recent Highs. S0 far the Money Wave Pops have been very poor, indicating a tired Market. Most of the Leaders are already back up in the Red Zones. Short Term traders … [Read more...]
Money Wave Alert ! Mar 29, 2017
The Leading NAZ 100 is almost back up to Highs! The Markets are mixed today as the Indices are resting from yesterday's bounce off of the Red Lines (50-day avg.). Now they should attempt to re-test the recent Highs. Try to EXIT … [Read more...]
Money Wave Alert! Mar 28, 2017
The Markets are popping today as the Indices are bouncing off of the Red Lines (50-day avg.). Now they should re-test the recent Highs. Try to EXIT positions that are not near the recent highs, and ones that are Below the Red … [Read more...]
Money Wave Alert! Mar 27, 2017
The Markets are lower today as the Financials & Steel Groups are lower from profit-taking. Markets are now OverSold on the Short Term, and the Indices are down near the Red Lines (50-day avg.). Normally they will try to bounce soon, … [Read more...]
Weekly Commentary Mar 26, 2017
03/26/2017: Longer Term Interest Rates and Commodities dropped for the week on possible economic weakness from political issues. The Financials need higher rates to go up much more, and Goldman Sachs is no longer the Leading DOW Stock, as … [Read more...]
Money Wave Alert! Mar 24, 2017
The Markets are lower today from worries about the Health Care vote maybe this hour. Markets are Over-Sold, and the S&P 500 is down near the Red Line (50-day avg.). Normally the S&P will try to bounce soon, and re-test the recent … [Read more...]
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