Markets went down today to re-test yesterday's new low. But the Selling Volume was lower as most of the Margin accounts have been flushed, and the "weak hands" have sold on FEAR. The Markets are dropping to force the FED to cut back on their … [Read more...]
Money Wave Alert Oct 13, 2022
Markets "gapped down" on the opening and then closed sharply higher. Smart Money bought on the the Bad News of the CPI numbers, and today looks like a Reversal Day with High Volume. Most is the Buying today was in the Big Caps. The US Dollar fell … [Read more...]
Money Wave Alert! Oct 13, 2022
Markets "gapped down" on the opening and then closed sharply higher. Smart Money bought on the the Bad News of the CPI numbers, and today looks like a Reversal Day with High Volume. Most is the Buying today was in the Big Caps. The US Dollar fell … [Read more...]
Money Wave Alert! Oct 12, 2022
Markets were mixed today after Long term Interest Rates fell slightly, but the US Dollar tried to rally. The Selling momentum stopped on the Big Techs and some were up slightly. Many don't understand that the US Dollar is having a Buying Climax, and … [Read more...]
Money Wave Alert! Oct 11, 2022
Markets were mostly lower again today after a rally up on the DOW 30 Index of 400 points. Long term Interest Rates fell slightly today, but there was too much Selling momentum on the Big Techs. Many don't understand that the US Dollar is having a … [Read more...]
Money Wave Alert! Oct 10, 2022
Markets were mostly lower again today as long term Interest Rates made higher highs, and many Tech Stocks made new lows. However, the broad Market held up as the US Dollar is struggling back up this time. Stocks don't look like they will bounce much … [Read more...]
Green Line Weekly Oct 9, 2022
10/9/2022 Markets rallied sharply Monday and Tuesday, but then lost most of the up move at the end of the week. Stocks need Long term Interest Rates and the US Dollar to peak, which should happen soon from the panic buying on temporary … [Read more...]
Money Wave Alert! Oct 7, 2022
Markets were lower again today as long term Interest Rates are back up re-testing the September highs. The Stock Indices were quickly over-bought and back up in the Red Zones (probably too late to Buy for the short term) yesterday. Stocks don't look … [Read more...]
Target was Hit on Occidental Pete for a 7.8% Gain.
Target was Hit on OCCIDENTAL PETE (OXY) at $72 for a 7.8% Gain. … [Read more...]
Money Wave Alert! Oct 6, 2022
Markets were slightly lower today on mild profit taking from the 2 day bounce. The Indices are quickly back up in the Red Zones (probably too late to Buy for the short term) and have Resistance up at the Red Lines (50-day avgs.) Oil Stocks were … [Read more...]
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