Markets were higher today as the S&P 500 Index is trying to get back above the Red Line (50-day avg.) of 4404. The S&P 500 Index and could have finished with an A-B-C Correction. Then the S&P 500 could go back up to re-test the … [Read more...]
Money Wave Alert! Oct 6, 2021
Markets were down this morning and recovered near the Close. Volume was higher as more Buying came into the over-sold Indices again this morning. The S&P 500 Index is about half way down to the Green Line, and could be about finished with an … [Read more...]
Money Wave Alert! Oct 5, 2021
Markets were sharply higher today as Buying came in from over-sold Indices. The Big Tech Stocks finally bounced, but the Volume was still low on most. The S&P 500 Index is about half way down to the Green Line, and could be about finished with an … [Read more...]
Money Wave Alert! Oct 4, 2021
Markets were lower today as the Big Tech Stocks were under selling pressure. Semiconductors were down close to 3 %, but the Selling Volume was not high. The S&P 500 Index is about half way down to the Green Line, and could be about finished with … [Read more...]
Green Line Weekly Oct 3, 2021
10/3/2021 Markets were lower this week, as the major Indices fell below the Red Lines (50-day avgs.) which caused many Short Term Investors to Go to Cash. The Selling has been mild, so the Indices should be able to re-test the Highs again in a few … [Read more...]
Money Wave Alert! Oct 1, 2021
Markets were much higher today as the S&P 500 Index bounced up at the Support of last week's Low of 4306. Then some above average Buying Volume came in. Now the S&P 500 Index might do a "W" pattern back up to re-test the Highs. Try to only … [Read more...]
Money Wave Alert! Sep 30, 2021
Markets were lower today as the S&P 500 Index went all the way back down near last week's Low of 4306. Then some mild Buying came in on higher Volume. Now the S&P 500 Index needs to hold at last week's Low, and then maybe we will see a "W" … [Read more...]
Money Wave Alert! Sep 29, 2021
Markets were higher today on average Volume, as the Indices became over-sold for the Short Term. Investors are worried about rising Interest Rates from Bonds dropping. Bonds are back Below the Green Line. Now the S&P 500 Index needs to hold at … [Read more...]
Money Wave Alert! Sep 28, 2021
Markets were lower today on higher Volume, as Bonds slipped back Below the Green Line. This causes longer Term Interest Rates to rise, and the Big Tech Stocks don't like that. Now the S&P 500 Index needs to hold at last week's Low of 4354. Then … [Read more...]
Money Wave Alert! Sep 27, 2021
Markets were mixed today on lower Volume, but the Energy and Metals Stocks had nice pops (see Watch List below). The Markets are no longer over-sold on the Short Term, as the Indices have rallied back up about half way to the early September Highs. … [Read more...]
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