Markets were down slightly today on profit taking as the DOW INDEX has rallied 4400 points off the March Lows. Congress passed a Bail Out Bill today (Good News), but most Investments have already discounted that, and are back up in their … [Read more...]
Money Wave Alert! Mar 26, 2020
Markets were up again today on lower Volume. Investors expect a Bail Out from Congress tomorrow. The Indices look like they could Close strong today, but many Investments are back up in their Red Zones (probably too late to Buy for the … [Read more...]
Money Wave Alert! Mar 25, 2020
Markets were up again today as Investors now expect a Bail Out from Congress maybe tomorrow. Today most of the Indices have finally Closed above their Pink Lines (10-day avgs.) which probably means that the heavy Selling from this big … [Read more...]
Money Wave Alert! Mar 24, 2020
Markets were finally up Big today as Investors now expect a Bail Out from Congress. Most of the Indices still need to Close above their Pink Lines (10-day avgs.) so the Markets could re-test the Lows once more. The S&P 500 needs to … [Read more...]
Money Wave Alert! Mar 23, 2020
Markets were lower today as Investors wait for a Bail Out from Congress. Most of the Indices went lower than last Wednesday's Lows, but the NASDAQ 100 Fund and Small Cap Funds are trying to hold. That would be Bullish. WE ARE NOT SELLING … [Read more...]
Green Line Weekly Mar 22, 2020
03/22/2020: Markets were down sharply for the week as the Indices are stretched Way Below the Green Lines on FEAR. The DOW 30 Index is currently 7500 points Below the Green Line. Since history tells us that Investments always return near … [Read more...]
Money Wave Alert! Mar 20, 2020
Markets were lower today as the Indices needed to re-test Wednesday's Lows. Volume is much lower are the FEAR is slowly subsiding. The CNN Fear & Green Index is slowly creeping up from 2, to 8 today. It was 95 (SELL) at the Market Top … [Read more...]
Money Wave Alert! Mar 19, 2020
Markets were up slightly today on mild Buying. Only the NASDAQ 100 Index was able to hold above Monday's Lows, and now it needs to Close above the Pink Line (10-day avg.) before it is safe to Buy. The Selling Volume is drying up. The FEAR … [Read more...]
Money Wave Alert! Mar 18, 2020
Markets were down big today on more FEAR Selling. Only the NASDAQ 100 Index was able to hold above Monday's Lows, but the total Selling Volume is drying up. The FEAR will eventually subside, as human emotions are temporary. WE ARE NOT … [Read more...]
Money Wave Alert! Mar 17, 2020
Markets were up today on mild over-sold Buying. The S&P 500 Index should have good Support near the 2018 Low of 2346. (see chart above). The Markets are extremely over-sold from FEAR, as the S&P 500 Index is currently 17% Below the … [Read more...]
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