07/05/2016 Daily Commentary: Markets dropped slightly today, as most of the Leaders are back up in the Red Zones. S&P should re-test recent highs soon.
Oil prices dropped 5% today, and Interest Rates plunged to new lows.

Bonds blew up to new highs, and Gold made new Highs. HUH?  Somebody will be wrong.
Be careful in this Market, as current low Interest Rates are creating dangerous DECISIONS to be made.

Wait for Money Wave Buys in the Green Zones. Most Funds are back up in the Red Zones.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Open Positions  We have raised stop on XME to $24.25 on the Close.

07/02/2016 Weekly Commentary: Markets popped up 3% for the week, after banging on the Green Line on the Monday sell-off. Interest Rates have collapsed. Bonds blew up to new highs, and Gold made new Highs. HUH?  Somebody will be wrong.
Be careful in this Market, as current low Interest Rates are creating dangerous DECISIONS to be made.

Wait for Money Wave Buys in the Green Zones. Most Funds should be back up in the Red Zones.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Positions  We have raised stop on XME to $24.25 on the Close.

06/30/2016 Daily Commentary: Markets continued up more today, as the 2nd Quarter ended, and the Funds like to get  bonuses. Volume was lower, and the Markets are quickly becoming over-bought, with pajama boys buying before the Holiday on Monday. Consumer Staples XLP, Utilities XLU, and Metals & Mining XME all squirted like a big Short Squeeze was put on them today.

Wait for Money Wave Buys in the Green Zones. Most Funds should be back up in the Red Zones tomorrow.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Positions

06/29/2016 Daily Commentary: Markets bounced more today, as many Funds & Indices went into Money Wave Buys. Volume was lower, so the  S&P 500  should go back down soon to re-test Monday’s lows.

Money Wave Buys on Wednesday for ALB, BBG, CPE, WPX, & XME    We did not log CPE & WPX, as both were already up more than 5% today.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Positions

06/28/2016 Daily Commentary: Markets bounced today, after becoming very over-sold. The Fear Index (VIX) dropped another 20% today, indicating that the Panic Buying of Put Options is drying up.
If this is a Wave 2 down, (after completing Wave 1 from the Feb lows to Jun high), the target would be about a 62% retracement, to about 1930-1940 on the  S&P 500.  The Markets should go back down soon to re-test Monday’s lows.

Money Wave Buys soon for ALB, BBG, CPE, MTW, WXP, & XME    We will email when they are ready.
Many Funds are having trouble staying Above 90 Relative Strength.

Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

“Real Time” Charts for Today

Current Positions