Markets were mixed today as the Leaders are quickly returning back up to the Red Zones (probably too late to Buy for the Short Term). Last week's pull-back was not enough to get many Investments over-sold for a larger bounce. The Volume on this … [Read more...]
Money Wave Alert! Jun 16, 2020
Markets "Gapped Up" today on news of more FED Printing to prop up the Economy. Yesterday morning the S&P 500 Index went almost down into the Green Zone, and now it is bouncing up to re-test the Highs of last week. Failure to make Higher Highs … [Read more...]
Money Wave Alert! Jun 15, 2020
Markets gapped down on the opening today and then the S&P 500 Index bounced up near the Green Line around 2955. Then the DOW Index rallied up over 200 points. Most of the strongest Indices are coming back down in the Green Zones soon for Money … [Read more...]
Green Line Weekly Jun 14, 2020
06/14/2020 Markets were down for the week as the Indices were over-bought and up in the Red Zones (probably too late to Buy for the Short Term). Now the Indices are returning down near the Red Lines (50-day avgs.) and should bounce up from there and … [Read more...]
Money Wave Alert! Jun 12, 2020
Markets were mixed today after yesterday's drop. The S&P 500 Index should bounce near the Green Line around 2953. Most of the strongest Indices should be back down in the Green Zones soon for Money Wave Buy Signals. The NASDAQ 100 is … [Read more...]
Money Wave Alert! Jun 11, 2020
Markets were down sharply today as the S&P 500 Index gapped down below the Pink Line (10-day avg.) to create a Short Term Sell Signal. Next Support on the S&P 500 is the Green Line around 2953. The NASDAQ 100 is holding up much better. … [Read more...]
Money Wave Alert! Jun 10, 2020
Markets were mixed again today as the NASDAQ 100 was able to make New Highs and the Big FAAMNG stocks squirted up again. These Six Big Cap Stocks now make up more than 22 % of the S&P 500 Index value which has 500 companies in it (Higher than the … [Read more...]
Money Wave Alert! Jun 9, 2020
Markets were mixed today as the S&P 500 Index has stalled at the 3215 Target for Wave 5 up. The NASDAQ 100 was able to make New Highs again and the Big FAAMNG stocks were holding the Markets up (AAPL up another $11.) The Leaders are up … [Read more...]
Money Wave Alert! Jun 8, 2020
Markets were up again today as the S&P 500 Index made it up to the 3215 Target for Wave 5 up. The NASDAQ 100 was able to make New Highs but there is no High Volume wanted on the Break-Out. Lots of big pops Friday and today on the weaker … [Read more...]
Green Line Weekly Jun 7, 2020
06/07/2020 Markets were up big for the week as the Nasdaq 100 Index went back up to the January Highs, (with the help of Apple). The rally from the March Lows might not see logical, but currently the Markets have gone up two reasons: 1.) Massive FED … [Read more...]
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