Markets were down today, as Oil prices shot up 14% on Global tension. The S&P 500 looks like it will bounce up off the Pink Line (10-day avg.) It is normal for Markets to struggle at the Resistance of the previous Highs. Markets … [Read more...]
Green Line Weekly Sep 15, 2019
09/15/2019: Markets were up again for the week, as the Indices are discounting probable Good News soon from a FED Rate Cut and a meeting to resolve the Trade War. The S&P 500 Index is back up to the July High Resistance of 3028. The … [Read more...]
Money Wave Alert! Sep 13, 2019
Markets were mixed today, as the S&P 500 is up to the July Highs. It is normal for Markets to struggle at the Resistance of the previous Highs. Markets and Leaders are in their Red Zones (probably too late to Buy for the Short … [Read more...]
Money Wave Alert! Sep 12, 2019
Markets were up today, and back up near the July Highs as wise Investors have discounted an end to the Trade War. So maybe the FED won't be able to do as much Printing (lowering FED Funds) after their meeting next week. Why would they … [Read more...]
Money Wave Alert! Sep 11, 2019
Markets were up today, after bouncing near the Pink Lines (10-day avgs.) Markets are going back up to re-test the July Highs. So far not as many New Highs... FEAR Trades Bonds and Gold are in the Green Zones for Money Wave Buys … [Read more...]
Money Wave Alert! Sep 10, 2019
Markets were down slightly today, but should have Support near the Pink Lines (10-day avgs.) Institutions seem to be moving some money from Momentum to Value this week... FEAR Trades Bonds and Gold are in the Green Zones for Money Wave … [Read more...]
Money Wave Alert! Sep 9, 2019
Wow, a big hit on Tech and Momentum Stocks today. Markets were down slightly today, but over the weekend the Funds must have decided that they had too much money in high Growth. Markets are back above their 50-day averages which is … [Read more...]
Green Line Weekly Sep 8, 2019
09/08/2019: Markets were up again for the week, after Good News about a meeting to resolve the Trade War. The S&P 500 Index was able to Close above 2944, so next Resistance is the July High of 3028. The Small Caps and Transports are … [Read more...]
Money Wave Alert! Sep 6, 2019
Markets were up slightly again today on low Volume Buying. The FED meets again in 2 weeks. Markets are back above their 50-day averages which is Bullish. Markets are waiting for a Trade War resolution. Bonds were up slightly … [Read more...]
Money Wave Alert! Sep 5, 2019
Markets "Gapped Up" today on favorable Trade news, and the S&P 500 Index popped well above last Friday's Resistance of 2943. The Market is rather weird today as many momentum stocks were down. The FEAR level has dropped, so FEAR Trades … [Read more...]
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