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June 11, 2019

Money Wave Alert! Jun 11, 2019

SPX Chart

  Markets  were mixed today on profit taking and lower Volume... Not much Selling, but Buyers are waiting for better prices.  The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2843.  Please be patient and WAIT for … [Read more...]

June 10, 2019

Money Wave Alert! Jun 10, 2019

SE Chart

  Markets  were higher today on Good News with Mexico, and the FEAR seems to have gone away.   The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2842.  Recent Good News might cause some profit taking soon by Smart … [Read more...]

June 9, 2019

Green Line Weekly Jun 9, 2019

SPX Weekly Chart

  06/09/2019:  Markets were up big for the week, the Indices bounced up near the Green Lines. The down move from the April Highs was probably an A-B-C Correction, and after some backing and filling the Markets could go back up to re-test … [Read more...]

June 7, 2019

Money Wave Alert! Jun 7, 2019

SBUX Chart

  Markets  were up again today as the FEAR seems to have gone away after a 4 1/2 % pop on the S&P 5oo Index this week. Support on the S&P 500 is now the Red Line (50-day avg.) of 2840.  Many Leading Investments are quickly … [Read more...]

June 6, 2019

Money Wave Alert! Jun 6, 2019

SPX Chart

  Markets  were up again today as the S&P 5oo Index was now able to get slightly above the Red Line (50-day avg.) of 2839.  Many Leading Investments are quickly becoming over-bought and are in the Red Zones (probably too late to Buy for … [Read more...]

June 6, 2019

Special Money Wave Alert! CIENA Corp.

CIEN Chart

    Raise the Sell Stop Loss to $44.00 on CIENA Corp. CIEN has left a gap to fill at $36.00. We will try to Buy again lower.     Related Post - Money Wave Alert! Jun 5, 2019 … [Read more...]

June 5, 2019

Money Wave Alert! Jun 5, 2019

  Markets  were up gain today as the S&P 5oo Index was able to get above the Pink Line (10-day avg.)  Next resistance is the Red Line (50-day avg.) of 2838.  More talk today about lowering Rates again.   Crude Oil was up $1.83  … [Read more...]

June 4, 2019

Money Wave Alert! Jun 4, 2019

DIA Chart

  Markets  were up big today as the S&P 5oo Index was able to bounce off the Green Line, and out of the Green Zone today. Next Resistance is the Pink Line (10-day avg.)  Some FED talk about lowering Rates again. Crude Oil was up $0.40  … [Read more...]

June 3, 2019

Money Wave Alert! June 3, 2019

SPY Chart

  More BAD NEWS on the FAANG stocks has caused FEAR in the Markets, and that is when we like to BUY. The S&P 500 Index is down to the Green Line and Support of 274. It needs to bounce soon to remain Bullish (see chart above). Markets  … [Read more...]

June 2, 2019

Money Wave Alert! Jun 2, 2019

SPX Chart

  06/02/2019:  Markets were down again for the week, and have dropped 9.76% in the Month of May. Lots of FEAR and Bad News now... just the opposite of the Good News and Earnings at the April Highs. Remember, Smart Money Sells on Good News and … [Read more...]

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