9/4/2022 Markets were sharply lower again this week as steady and mild selling continued. The Markets are adjusting for more FED tightening (raising Fed Funds rate) another 3/4% on Sept 21. This has caused the US Dollar to soar and now the Chart is … [Read more...]
Money Wave Alert! Sep 2, 2022
MARKETS WILL BE CLOSED ON MONDAY FOR LABOR DAY HOLIDAY. Markets closed lower again today after "gapping up" in the morning. More "weak hand" investors are being Flushed out on FEAR. We like to Buy on FEAR, and the WATCH LIST below has grown. … [Read more...]
Money Wave Alert! Sep 1, 2022
Markets were lower earlier today and Flushed out more "weak hands" on FEAR. We like to Buy on FEAR, and the WATCH LIST below has grown. Stocks probably won't rally much until the US Dollar finally peaks out. The FED should cause a slowdown and long … [Read more...]
Money Wave Alert! Aug 31, 2022
Markets were mixed today on very slow trading. The weak Tech Stocks probably won't rally until the US Dollar peaks out. The FED has T-Bill Rates almost 3 times the Green Line (FED creates Climax). This will normally cause a slowdown and long term … [Read more...]
Money Wave Alert! Aug 30, 2022
Markets were lower again today on continued mild Selling. The Tech Stocks were weak and probably won't rally until the US Dollar Fund (see above) peaks. The Dollar has gone up on expectations of the FED tightening and raising short term Interest … [Read more...]
Money Wave Alert! Aug 29, 2022
Markets were slightly lower today after Friday's big down day. The Tech Stocks were weak and did not bounce after the FED said that they might have to tighten and raise short term Interest Rates much more. Oil and Commodities were higher. Indices … [Read more...]
Green Line Weekly! Aug 28, 2022
8/28/2022 Markets were sharply lower for the week as sellers dumped on Friday's FED News. The Indices were over-bought, and most stocks were too far above the Red Lines (50-day avgs.) Now the Indices are quickly back down slightly below the Red … [Read more...]
Money Wave Alert! Aug 26, 2022
Markets were sharply lower today as the FED said that they might have to tighten and raise short term Interest Rates much more. Is the FED wanting to guarantee a big slow down, and right before an Election? Or are they bluffing? Indices are … [Read more...]
Money Wave Alert! Aug 25, 2022
Markets were higher today as the Indices were over-sold for the short term. The major Indices are still weak, but have corrected down to the Green Zones (probably too late to Sell for the short term), and should have Money Wave Buy Signals … [Read more...]
Target was Hit at Utility Fund (XLU)
Target was hit on Utilities Fund (XLU) at $78 for a 4.6 % Gain. … [Read more...]
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