Markets were slightly higher again today, but the Indices being high are masking how many of the Momentum Stocks have corrected (see Watch List below that is growing). The S&P 500 Index was able to bounce up from the Pink Line (10-day avg.) … [Read more...]
Money Wave Alert! Aug 20, 2020
Markets were slightly higher today after selling off in the morning. The S&P 500 Index dipped down below the Pink Line (10-day avg.) of 3370, but Buyers came in to save the Market from going into a Short Term Sell Signal. Volume continues to be … [Read more...]
Money Wave Alert! Aug 19, 2020
Markets were mixed today after the S&P 500 Index made a Higher High at 3399.54, but there was no Volume so the Buyers backed off. Now is the time for all of the Leaders to make Higher Highs. So far there has been a few Highs like AAPL & … [Read more...]
Money Wave Alert! Aug 18, 2020
Markets were slightly higher again today as the S&P 500 Index is finally back up to the Feb High on low Volume. Now is the time for all of the Leaders to make Higher Highs. So far there has not been very many New Highs, as much of the Index move … [Read more...]
Money Wave Alert! Aug 17, 2020
Markets were slightly higher today as the S&P 500 Index is trying again to get up to the Feb High. Markets seem to be waiting on more Stimulus Fuel to go higher, but Congress is not helping. Many Leading Stocks pulled back recently to create … [Read more...]
Green Line Weekly Aug 16, 2020
08/16/2020 Markets were up slightly again for the week as the S&P 500 Index is only 0.2% from the All Time High in Feb. There would normally be plenty of Sellers up around the Feb Highs (Resistance), so a pullback down to the 50-day average or … [Read more...]
Money Wave Alert! Aug 14, 2020
Markets were very mixed today as more Stimulus Fuel is needed to go higher. Many Leading Stocks have pulled back recently, but the lift off from Money Wave Buy Signals has been pitiful. This is probably because the S&P 500 Index is still near the … [Read more...]
Money Wave Alert! Aug 13, 2020
Markets were slightly lower today as the S&P 500 Index has stalled slightly below the Feb Highs. Many Stocks have pulled back recently, and some on the Watch List have had Money Wave Buy Signals but the Volume is poor. We like to see High Volume … [Read more...]
Money Wave Alert! Aug 12, 2020
Markets were higher as the Indices bounced back up to yesterday's Highs. The Top 15 Stocks in the S&P 500 Index make up 35% of the Value. Many Stocks have pulled back recently, and the Watch List is rarely this large with good Buys soon. Gold … [Read more...]
Money Wave Alert! Aug 11, 2020
Markets opened higher and then slowly sold off as the Stay at Home Stocks were lower again. The BioTechs were also weak, but the Watch List is growing with good Buys soon. The S&P 500 Index is back up to the Feb Highs and the Leaders are … [Read more...]
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