Markets were sharply lower today as many have decided that an economic slow down is coming. The FED raised Short Term Interest Rates again yesterday. The NASDAQ 100 Index is now 20 % Below the Green Line on FEAR Selling (and is 33% below the November … [Read more...]
Money Wave Alert! Jun 15, 2022
Markets rallied today on the Bad News of the Federal Reserve raising Short Term Interest Rates by 3/4 %. And good news for Smart Money is that only 6% of stocks in the S&P 500 Index are currently above the 50 Day Average, the lowest number since … [Read more...]
Money Wave Alert! Jun 14, 2022
Markets continue to walk down the steep channel. Markets are concerned about the Federal Reserve raising short term interest rates tomorrow. Most people think bad news means Sell, but we like to Buy on bad news. While the Market may be down, there … [Read more...]
Money Wave Alert! Jun 13, 2022
Markets were sharply lower again today as Interest Rates did not Double Top, but made new highs instead. That caused the Stock Indices to "Gap Down" on panic Selling and slip below the May lows. The S&P 500 Index was not able to make a Higher … [Read more...]
Target was Hit on RWM Inverse Small Cap Fund at $26.
The Target was Hit on RWM INVERSE SMALL CAP FUND at $26 for a 2.6 % Gain. … [Read more...]
Target was Hit on Inverse T-Bond Fund (TBF) at $20.50.
The Target was Hit on TBF INVERSE T-BOND FUND at $20.50 for a 4.3 % Gain. … [Read more...]
Target was Hit on the US Dollar Fund (UUP) at $28.
The Target was Hit on UUP US Dollar Fund at $28 for a 2.1 % Gain. … [Read more...]
Green Line Weekly Jun 12, 2022
6/12/2022 Markets were down sharply for the week as the Indices were over-bought for the Short Term, and failed at the Red Lines (50-day avgs.). Now maybe a Wave 2 back down towards the May lows. Then if this decline can make a Higher Low, would … [Read more...]
Money Wave Alert! Jun 10, 2022
Markets were lower today as the Indices needed to go back down and re-test the recent lows after having a nice rally up to the Red Lines (50-day avgs.) Now the S&P 500 Index needs to not make a new low this time down to be Bullish. We're waiting … [Read more...]
Money Wave Alert! Jun 9, 2022
Markets were lower today as the Indices slipped below the Pink Lines (10-day avgs.) for short term Sell Signals. We're waiting to see if Bonds will make a double bottom soon. Bonds are actually starting to enter a buy signal, but we should still … [Read more...]
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