Markets were down again today as the Leaders and Indices were near Highs and over-bought for the Short Term. The S&P 500 Index went down near the Pink Line (10-day avg. ) of 3352 and bounced up to avoid a Short Term Sell Signal. The … [Read more...]
Green Line Weekly Feb 16, 2020
02/16/2020: Markets were higher again for the week as the Feb 3rd bounce up off the Red Lines (50-day avgs.) continued. The S&P 500, DOW 30, and NASDAQ 100 Indices were able to make New Highs, which is Bullish. The Small Caps, NYSE and … [Read more...]
Money Wave Alert! Feb 14, 2020
MARKETS WILL BE CLOSED ON MONDAY FEB 17, 2020 FOR A FEDERAL HOLIDAY. Markets were down slightly today as the Leaders and Indices are near Highs and over-bought for the Short Term. Volume was Low as Monday is a Holiday. The S&P 500 … [Read more...]
Money Wave Alert! Feb 13, 2020
Markets were mixed today after the S&P 500 & NASDAQ 100 made slightly higher Highs. Eventually if the Economy is really that strong, Bonds and Utilities should decline on Inflation Fears, and long term Interest Rates should rise. Presently … [Read more...]
Money Wave Alert! Feb 12, 2020
Markets were higher today after the S&P 500, DOW 30 & NASDAQ 100 made New Highs. Buying Volume was Low as the Markets are over-bought on the Short Term. This is a historic move happening now. The S&P 500 Index should have … [Read more...]
Money Wave Alert! Feb 11, 2020
Markets were mixed today after the S&P 500 & NASDAQ 100 made New Highs for this rally to continue. Buying Volume was Low as the Markets are over-bought on the Short Term. The S&P 500 Index went up to 3376 this morning and … [Read more...]
Money Wave Alert! Feb 10, 2020
Markets were higher today as the Indices need to exceed last week's Highs for this rally to continue. Buying is Low as the Markets are over-bought on the Short Term. The Big Four Trillion Dollar stocks are much of the rally today (MSFT AMZN … [Read more...]
Green Line Weekly Feb 9, 2020
02/09/2020: Markets were up big for the week as the Indices were over-sold on the Short Term, and bounced nicely near the Red Lines (50-day avgs.) The Leaders and Indices are now Way Above the Green Lines, so we need to see many more New … [Read more...]
Money Wave Alert! Feb 7, 2020
Markets were down today as the Indices became over-bought on the Short Term near the January Highs. The Selling was mild and the Volume was low, so normal profit taking. Today the S&P 500 Index is currently back below the January … [Read more...]
Money Wave Alert! Feb 6, 2020
Markets were up again today as some of the Indices are back up higher than the January Highs. The NASDAQ 100, S&P 500 and DOW 30 made New Highs. The Transports, NYSE, and Small Caps have not. The continued Low Volume indicates a lack … [Read more...]
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