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August 24, 2022

Money Wave Alert! Aug 24, 2022

PLUG Chart

Markets were slightly higher today as the Indices are over-sold for the short term. The Indices have corrected down to the Green Zones (probably too late to Sell for the short term), but no Buy Signals yet on the Indices. The strong US Dollar and … [Read more...]

August 23, 2022

Money Wave Alert! Aug 23, 2022

XLE Chart

Markets were mixed today after yesterday's drop. The Indices are correcting some of the big rally for the last four weeks, on Wave 4 down. The Indices are quickly returning back down into the Green Zones and should be over-sold soon. Then we will Buy … [Read more...]

August 22, 2022

Money Wave Alert! Aug 22, 2022

SPX Chart

Markets were sharply lower today as the Indices are correcting some of the big rally for the last four weeks, on Wave 4 down. Most of the major Indices are back below the Green Lines after getting short term Sell Signals last week. But the Indices … [Read more...]

August 21, 2022

Green Line Weekly Aug 21, 2022

Green Line Weekly

8/21/2022 Markets were lower for the week on mild profit taking. The Indices had rallied up for 4 straight weeks and were over-bought. Many Indices are back up Above the Green Lines, which is Bullish. But most stocks are currently too far above the … [Read more...]

August 19, 2022

Money Wave Alert! Aug 19, 2022

TNX Chart

Markets were lower today as long term Interest Rates were higher. Long term Interest Rates are going back up to re-test the June Highs. Maybe you followed the Rules and bought the Inverse T-Bond Fund (TBT) recently, which has an 11% Gain. The … [Read more...]

August 18, 2022

Money Wave Alert! Aug 18, 2022

QQQ Chart

Markets were mixed to slightly higher today as the Indices are still trying to bounce up off the Pink Lines  (10-day avgs.) to avoid short term Sell Signals. If the Indices can bounce, then they need to make higher highs. The FOMO Buying (Fear Of … [Read more...]

August 17, 2022

Money Wave Alert! Aug 17, 2022

CTIC Chart

Markets were down most of the day and the Indices had a very mild pull back. The Indices are trying to bounce up off the Pink Lines  (10-day avgs.) to avoid short term Sell Signals. Investors have FOMO again (Fear Of Missing Out). Many of the Indices … [Read more...]

August 17, 2022

Target was Lilly & Co. for a 5% Gain.

Day Trade Image

Target was hit on Eli Lilly & Co. (LLY) at $320 for a 5% Gain. … [Read more...]

August 16, 2022

Money Wave Alert! Aug 16, 2022

IWM Chart

Markets were mixed today after the S&P 500 Index continued to make a Higher High on very low summer Volume. Investors are hoping that Inflation has peaked, and now they have FOMO again (Fear Of Missing Out). Many of the Indices are back Above the … [Read more...]

August 16, 2022

Target was Hit on Peabody Energy for a 19.6% Gain

S T Chart

Target was hit on Peabody Energy (BTU) at $24 for a 19.6% Gain. … [Read more...]

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