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June 23, 2019

Green Line Weekly Jun 23, 2019

GOLD Chart

  06/23/2019:  Markets were up for the week, after hopeful news of more FED Printing to stimulate the Economy. The Fed Futures are pointing to an 80% chance of a July Rate cut.  The News is basically GOOD again, after the Markets bounced … [Read more...]

June 21, 2019

Money Wave Alert! Jun 21, 2019

TRAN Chart

  Markets  were up again today on mild follow thru Buying. The S&P 5oo Index has stalled out around the May High of 2954, which is normal. It needs to Close above there on heavy Volume for more Buying. It has Support on the Red Line … [Read more...]

June 20, 2019

Money Wave Alert! Jun 20, 2019

SPX CHART

  Markets  were up again today on follow thru Buying from the dovish FED talk. The FED did not  Lower the Fed Funds rate yesterday, but are expected to at the July meeting. The S&P 5oo Index was able to get above the May High of 2954 … [Read more...]

June 19, 2019

Money Wave Alert! Jun 19, 2019

DIA Chart

  Markets  were up again today as the FED basically said that they will do what is necessary to keep the Economy expanding. The FED did not  Lower the Fed Funds rate today, but are expected to at the July meeting. The S&P 5oo Index … [Read more...]

June 18, 2019

Money Wave Alert! Jun 18, 2019

SPX Chart

  Markets  were up again today on Good News Buying ... Favorable info about China trade and it looks like many are waiting on the Fed meeting results tomorrow.  The FED is expected to Lower the Fed Funds rate, but they might wait until the … [Read more...]

June 17, 2019

Money Wave Alert! Jun 17, 2019

CIEN Chart

  We are having problems retrieving Quotes for the Watch List and Portfolio... Please be patient while this is being fixed.   Markets  were up slightly today in a tight range on low Volume ... Looks like many are waiting on the Fed … [Read more...]

June 16, 2019

Green Line Weekly Jun 16, 2019

$IRX Chart

  06/16/2019:  Markets were up slightly for the week, after last week's big 4.5 % bounce off the Green Lines. Later this week the Markets are expecting the FED to talk about the Economy having a period of slower growth, and the Fed Futures … [Read more...]

June 14, 2019

Money Wave Alert! Jun 14, 2019

AMD Chart

  Markets  were mixed today on more low Volume day ... Looks like many are waiting on the Fed meeting next week.  The FED is expected to Lower the Fed Funds rate. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of … [Read more...]

June 13, 2019

Money Wave Alert! Jun 13, 2019

DIS Chart

  Markets  were up slightly today on a very slow and low Volume day ... Not much Selling, as the Strongest Leaders are holding up very well so far. Many are waiting on the Fed meeting next week.  The S&P 5oo Index should have Support on … [Read more...]

June 12, 2019

Money Wave Alert! Jun 12, 2019

TLT Chart

  Markets  were down slightly today on profit taking and lower Volume... Not much movement or Selling, as Buyers are waiting for better prices.  The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2845.  Please be … [Read more...]

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