Markets were up today, as the Leaders were squirting higher. The Leaders are mostly all up in the Red Zones (probably too late to Buy for the Short Term). The Volume is low again today, and S&P 500 Index needs to stay above the Pink Line (10-day … [Read more...]
Money Wave Alert! Aug 3, 2020
Markets were up today, as the Leaders were squirting higher. The BioTechs finally popped up almost 4% today. The Volume is low today, and S&P 500 Index needs to stay above the Pink Line (10-day avg.) of 3252, to remain Bullish. Please WAIT … [Read more...]
Green Line Weekly Aug 2, 2020
08/02/2020 Markets were mostly up for the week as the S&P 500 Index is getting up close to the All Time Highs in Feb. There would normally be plenty of Sellers at the Feb Highs (Resistance), so a pullback down to the 50-day average or below could … [Read more...]
Money Wave Alert! Jul 31, 2020
Markets were mixed today, even with better than expected Earnings on Amazon, Apple, & FaceBook. The BioTechs have still not bottomed yet. The S&P 500 Index needs to stay above the Pink Line (10-day avg.) of 3246, to remain Bullish. Please … [Read more...]
Money Wave Alert! Jul 30, 2020
Markets were lower today on the weak GDP numbers, but recovered about half of the loss. Amazon Apple Google & FaceBook all report Earnings after the close today. Some of the Strongest BioTechs popped up out of the Green Zones for Money Wave Buy … [Read more...]
Money Wave Alert! Jul 29, 2020
Markets were up today on more low Volume, as the Big Techs led the way. The FED released news that they will keep Interest Rates Low for a long while (probably till the Virus slows down). Many of the Strongest BioTechs are coming down to the Green … [Read more...]
Money Wave Alert! Jul 28, 2020
Markets were down slightly today on low Volume, as Earnings are not affecting Stock prices very much this quarter. Many of the Strongest BioTechs are coming down to the Green Zones for Money Wave Buy signals soon (See WATCH LIST below). The S&P … [Read more...]
Money Wave Alert! Jul 27, 2020
Markets were up slightly today, as the Semiconductors bounced with the weak US Dollar. The Strongest Leaders are slowly coming down and are almost in the Green Zones for Money Wave Buy signals. The S&P 500 Index is trying to Close back above the … [Read more...]
Weekly Green Line Jul 26, 2020
07/26/2020 Markets were down slightly for the week as the S&P 500 Index was over-bought and was nearing Resistance of the Feb High. Resistance is an area where profit taking came in before, so many will Sell again at Resistance if the Volume is … [Read more...]
Money Wave Alert! Jul 24, 2020
Markets were down again today, as the Big Techs are coming down to the Green Zones. The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index is below the Pink Line (10-day avg.) of 3225 for a possible Short … [Read more...]
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