Markets were up today on more low Volume, as the Big Techs led the way. The FED released news that they will keep Interest Rates Low for a long while (probably till the Virus slows down). Many of the Strongest BioTechs are coming down to the Green … [Read more...]
Money Wave Alert! Jul 28, 2020
Markets were down slightly today on low Volume, as Earnings are not affecting Stock prices very much this quarter. Many of the Strongest BioTechs are coming down to the Green Zones for Money Wave Buy signals soon (See WATCH LIST below). The S&P … [Read more...]
Money Wave Alert! Jul 27, 2020
Markets were up slightly today, as the Semiconductors bounced with the weak US Dollar. The Strongest Leaders are slowly coming down and are almost in the Green Zones for Money Wave Buy signals. The S&P 500 Index is trying to Close back above the … [Read more...]
Weekly Green Line Jul 26, 2020
07/26/2020 Markets were down slightly for the week as the S&P 500 Index was over-bought and was nearing Resistance of the Feb High. Resistance is an area where profit taking came in before, so many will Sell again at Resistance if the Volume is … [Read more...]
Money Wave Alert! Jul 24, 2020
Markets were down again today, as the Big Techs are coming down to the Green Zones. The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index is below the Pink Line (10-day avg.) of 3225 for a possible Short … [Read more...]
Money Wave Alert! Jul 23, 2020
Markets were down today, as the Big Techs had some profit taking on Microsoft's Earnings (-4%). The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index needs to stay above the Pink Line (10-day avg.) of … [Read more...]
Money Wave Alert! Jul 22, 2020
Markets were up slightly today, as the Markets wait for Microsoft & Tesla Earnings tonite. Not many New Highs lately on the Big Tech Stocks. Many of the Strongest Leaders are very over-bought, so many are waiting on a pull-back. Volume was very … [Read more...]
Money Wave Alert! Jul 21, 2020
Markets were up again today, but the Big Tech Stocks were weaker. Many of the Strongest Leaders are very over-bought, so many are waiting on a pull-back. Volume was very Low. The S&P 500 Index was able to Close above 3238 to remain … [Read more...]
Money Wave Alert! Jul 20, 2020
Markets were up today, as Buyers returned back into the Strongest Leaders on "Fear of Missing Out". Volume was Low as Smart Money loaded up on the FEAR in March, and are waiting for a reason to take profits. With FED Printing at full speed, few are … [Read more...]
Green Line Weekly Jul 19, 2020
07/19/2020 Markets were up again for the week as the S&P 500 Index is well into a "W" pattern off the Red Line (50-day avg.), and it made it back up to the June Highs. Now the S&P 500 needs to exceed the June Highs for this rally up to … [Read more...]
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