Markets were mixed today after dropping down on the opening. Then mild buying came in. The Indices now have Resistance up at the Red Lines (50-day avgs.) Oil Stocks were higher as OPEC is planning on cutting 2 Million Barrels of Oil daily. Please … [Read more...]
Target was Hit on Exxon Mobil for a 10.3% Gain.
Target was Hit on EXXON MOBIL (XOM) at $98 for a 10.3% Gain. … [Read more...]
Money Wave Alert! Oct 4, 2022
Markets were sharply higher today as the buying continued and the Sellers were gone. The Indices were stretched down Way Below the Green Lines on FEAR. Now the Indices gapped up above the Pink Lines (10-day avgs.) forcing the Short Sellers to cover … [Read more...]
Money Wave Alert! Oct 3, 2022
Markets were sharply higher today as the new month began and Sellers were gone. The Indices were stretched down Way Below the Green Lines on FEAR. Now the Indices need to Close above the Pink Lines (10-day avgs.) to force the Short Sellers to cover … [Read more...]
Green Line Weekly Oct 2, 2022
10/2/2022 Markets were lower again this week as the Indices are back down re-testing the June lows. The last time the Markets were this over-sold was in June and then the Markets bounced up 19%. Get ready for an over-sold bounce soon. The CNN Fear … [Read more...]
ETF Sector Rotation System Oct 1, 2022
By investing in a diversified set of ETFs, an investor is positioned to take advantage of an uptrend in certain sectors while reducing the risk of losses due to exposure to high-risk stocks. In addition, by selling a portion of your holdings in … [Read more...]
Money Wave Alert! Sep 30, 2022
Markets were lower today after rallying up for a while in the morning. The Indices are stretched down Way Below the Green Lines on FEAR. There is a big battle as to whether the S&P 500 will do a "W" pattern and bounce off of the June … [Read more...]
Money Wave Alert! Sep 29, 2022
Markets were sharply lower today as the Indices continued to stretch down Way Below the Green Lines on FEAR. The S&P 500 and the Tech Indices made lower lows, but the DOW 30, NASDAQ 100, and Small Caps did not. There is a big battle as to … [Read more...]
Money Wave Alert! Sep 28, 2022
Markets were sharply higher today as several Money Wave Buy Signals kicked in. The Indices are bouncing up off the June low Support, but many investors are still unsure and that is why is Volume is low (many are still waiting). The US Dollar and … [Read more...]
Money Wave Alert! Sep 27, 2022
Markets gapped up in the morning but then reversed downward. Some of the Indices went below the June lows, but heavy Selling did not come in on the break of Support. This could be a "False Break Down", where they Run the Stops just below the previous … [Read more...]
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