Above the Green Line -01

Thursday Jul 14, 2016

07/14/2016 Daily Commentary: Markets continued higher again today on more low Volume.  The S&P 500 broke out around 2130... Closing below that could be a "False Breakout" and cause selling.  Markets should drop down soon to test Support around … [Read more...]

Wednesday Jul 13, 2016

07/13/2016 Daily Commentary: Markets edged higher today on more low Volume. The Leaders are not popping much like they did earlier this year.  The S&P 500 broke out around 2130... Closing below that could be a "False Breakout" and cause selling.  … [Read more...]

Tuesday Jul 12, 2016

07/12/2016 Daily Commentary: Markets continued higher today on low Volume. The Leaders are not popping much like they did earlier this year.  The S&P 500 broke out around 2130... Closing below that could be a "False Breakout" and cause selling. … [Read more...]

Intra-day Comment Jul 12,2016

 No Money Wave Buys today… We are again raising Sell Stop Limits on:   ALB, WCN, & XME.   Date Symbol Type Purchase Price Stop Loss Status Current Price* Comments 6/27/2016 WCN $69.46 $72.54 Open $72.89 Money … [Read more...]

Monday Jul 11, 2016

Daily Commentary 07/11/2016 Daily Commentary: Markets popped up to new Highs today, but on low Volume. Some of the buying was Short Covering. Some Investors seem to be buying because Interest Rates collapsed last week. Historically that is not a … [Read more...]

Weekly Commentary – Jul 9, 2016

07/09/2016 Weekly Commentary: Markets went down to the Green Lines on Tuesday, and then bounced up thru the Resistance of 2111 and Closed near the highs. Volume was not high, and many seem to be buying because Interest Rates collapsed for the … [Read more...]

Thursday Jul 7, 2016

07/07/2016 Daily Commentary: Markets went up to Resistance of 2111 today on the S&P, and then pulled back on low Volume.  A larger pull-back could happen soon if the S&P FAILS tomorrow around 2111. Crude Oil dropped 5% today. Caution! Most of … [Read more...]

Wednesday July 6, 2016

07/06/2016 Daily Commentary: Markets went down this morning, and bounced at the Pink Lines (10-day avgs.)   The S&P should re-test recent highs of 2111 soon.  A larger pull-back could happen soon if the S&P FAILS around 2111. Interest Rates … [Read more...]