Markets were up again today as the 30 DOW Stocks were strong, and the DOW finally hit the Green Line. Several of the Leaders got hit this morning with Selling, but Buyers quickly snapped them back up. The NASDAQ 100 slipped below the Pink … [Read more...]
Money Wave Alert! May 26, 2020
Markets "Gapped Up today on Good News Buying. The S&P 500 Index was able to get above last week's High of 2980, but low Volume is not Bullish. This could be Wave 5 up on the DOW (see Chart above). Techs were mixed today and BioTechs … [Read more...]
Green Line Weekly May 24, 2020
05/24/2020 Markets were up for the week as the S&P 500 Index was able to Close Above the Green Line, along with the Nasdaq 100 Index. The weaker Indices (DOW 30 Index, Small Caps, Transports, & NYSE) are still Below the Green … [Read more...]
Money Wave Alert! May 22, 2020
MARKETS WILL BE CLOSED ON MONDAY MAY 25, 2020 FOR MEMORIAL DAY HOLIDAY. Markets were down slightly again today on very low Holiday Volume. The S&P 500 Index is still struggling to hold just Above the Green Line of 2937. Investor's FEAR is down … [Read more...]
Money Wave Alert! May 21, 2020
Markets were slightly lower today as the S&P 500 Index is still struggling to hold above the April High of 2955 again. The FEAR is down and the Volatility Index is back down in the Green Zone, which normally means that the Markets would … [Read more...]
Money Wave Alert! May 20, 2020
Markets were up today as the S&P 500 Index is trying to Close above the April High of 2955 again. Markets are slightly higher than yesterday's High. The Techs and Gold Miners have been able to make Higher Highs today. The Volume is … [Read more...]
Money Wave Alert! May 19, 2020
Markets were mixed today after yesterday's big rally. The S&P 500 Index is still struggling above the April High of 2955, so it has not been a decisive Break Out. Some Techs and Gold Miners have been able to make Higher Highs today. The … [Read more...]
Money Wave Alert! May 18, 2020
Markets "Gapped Up" big today on panic Buying, but the Volume was only about 1/2 of normal. The low Volume tells us that everyone is not convinced about the Economy. The BioTechs were the Leaders today on Covid 19 Cure hopes. Swing … [Read more...]
Green Line Weekly May 17, 2020
05/17/2020 Markets were down for the week as the S&P 500 Index failed to push up Above the Green Line. The Markets have rolled over, but not much Selling for two reasons: 1.) Massive FED Printing and 2.) No Alternative Investment … [Read more...]
Money Wave Alert May 11, 2020
Markets were mixed today after dropping down in the Morning. The S&P 500 Index needs to Close above 2955 to make progress. The Markets are ignoring the Economic weakness, as the FED is Printing Money at full speed. Please remember that the … [Read more...]
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