Markets were mostly lower again today on mild profit taking. Most are waiting for the FED to raise short term Interest Rates by 3/4 point on Wednesday. The US Dollar and long term Interest Rates are trying to re-test the Highs once more. The … [Read more...]
Money Wave Alert! Oct 31, 2022
Markets were mostly lower today on mild profit taking. The US Dollar and long term Interest Rates were higher, which pulled the Big Tech stocks down. The US Dollar and long term Interest Rates should re-test the Highs once more. The FED should raise … [Read more...]
Green Line Weekly Oct 30. 2022
10/30/2022 Markets were sharply higher again this week as the Indices are finally moving back up towards the Green Lines (like they always do). The Markets were very over sold last month and successfully flushed out the "weak hands" on FEAR. Notice … [Read more...]
Money Wave Alert! Oct 28, 2022
Markets were sharply higher today as the buying continued and AAPL was up 8% on Earnings. This pulled the Big Tech stocks higher, but the NASDAQ 100 could not make a higher high like the other Indices did. The Markets are over-bought again from a … [Read more...]
Money Wave Alert! Oct 27, 2022
Markets were mixed today as FaceBook (META) dumped 25 % on weak Earnings and pulled the Big Tech stocks down. The Markets were over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks. Many of the Leaders were quickly back up in the Red … [Read more...]
Money Wave Alert! Oct 26, 2022
Markets rallied in the morning, but then weakened as Microsoft & Google were down 7 % & 9 % on Earnings. The Markets are over-bought from a 3400 point DOW 30 Index rally (12%) in 2 weeks, as the Long Term Interest Rates finally dropped. Most … [Read more...]
Don’t Take a Loss on FSLR First Solar
First Solar just bounced up 15.6 % from the Low, but we bought too early. Don't Take a Loss! Exit below $131.32 to raise CASH. … [Read more...]
Target was Hit on DHT Holdings for 21.8 % Gain
Target was Hit on DHT HOLDINGS (DHT) at $9 for a 21.8% Gain. … [Read more...]
Money Wave Alert! Oct 25, 2022
Markets were higher again today as the Long Term Interest Rates finally dropped down. Most of the FEAR has disappeared and now the Indices are trying to get back above their Red Lines (50-day averages. Many of the Leaders are quickly back up in … [Read more...]
Money Wave Alert! Oct 24, 2022
Markets were higher again today as the FEAR has disappeared and the Indices are trying to get back up to their Red Lines (50-day averages. The FED has finally began to "walk back" their hawkish Tightening tone... Many of the Leaders are quickly back … [Read more...]
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