Markets were lower today on mild profit taking from last week's big rally. The strong Commodity Funds are going back up to re-test the recent Highs. Many of the Leaders and Indices are back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
Money Wave Alert! Mar 22, 2022
Markets were higher today on continued buying from last Monday's Low. Many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term) so expect a pause for a few days. The DOW 30, S&P 500 & NASDAQ 100 Indices … [Read more...]
Money Wave Alert! Mar 21, 2022
Markets were mostly lower today on mild profit taking from last week's big rally. Many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term) so expect a pause for a few days. The DOW 30 & S&P 500 Indices … [Read more...]
Green Line Weekly Mar 20, 2022
The S&P 500 Index should re-test the High again. 3/20/2022 Markets were sharply higher for the week, as the Indices were very over-sold from FEAR. The Indices have now successfully re-tested the February Lows and good Buying came in after the … [Read more...]
Money Wave Alert! Mar 18, 2022
Markets were higher again today on follow thru buying from Monday's low. Many of the Short Sellers that bet the Markets had turned Bear are getting blasted, and are having to cover or Buy back their Short positions. The DOW 30 & S&P 500 … [Read more...]
Money Wave Alert! Mar 17, 2022
Markets were higher again today on follow thru buying from yesterday. Now the DOW 30 & S&P 500 Indices are both back Above the Green Lines, and many of the Short Sellers are having to cover or Buy back their positions. But the weaker … [Read more...]
Money Wave Alert! Mar 16, 2022
Markets were higher today as Smart Money bought on the Bad News of the FED raising Interest Rates 1/4 point. Smart Money is also waiting for the Indices to stop making lows and form a Double Bottom or "W" pattern. We currently only have 5 of 10 … [Read more...]
Money Wave Alert! Mar 15, 2022
Markets were higher today as the strong Commodities are correcting back down to the Green Zones for Buy Signals soon. Many are waiting for the results of the FED Meeting on Wednesday. The FED will probably raise Short Term Interest Rates 1/4 point, … [Read more...]
Money Wave Alert! Mar 14, 2022
Markets continued to grind lower as the Indices are waiting for the results of the FED Meeting on Wednesday. The FED will probably raise Short Term Interest Rates 1/4 point, but the FEAR has many thinking it could be more. Raising Rates would be … [Read more...]
Green Line Weekly Mar 13, 2022
3/13/2022 Markets were lower for the week, as the S&P 500 Index slipped back Below the Green Line on FEAR. The Indices still have not successfully re-tested the February Lows. If the S&P 500 Index cannot make a New Low soon, then we could … [Read more...]
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