07/16/2017: Markets finally bounced off the Red Lines (50-day avg.) and are back up to the Highs. We will see if the S&P 500 can push higher this week. Most Funds are in the Red Zones, so Short Term Traders should be raising … [Read more...]
Weekly Commentary July 9, 2017
07/09/2017: Markets were mixed again for the week, as the S&P 500 has been hoovering Above the Red Line (50-day avg.) for 6 weeks. Several of the FAANG Stocks (AAPL NFLX & GOOGL) have Closed but their Red Lines. The TECH … [Read more...]
Money Wave Alert! Jul 5, 2017
Markets are mixed today, but the Techs are trying to firm up at the late June Support. The DOW Index holding up the best. S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue. … [Read more...]
Weekly Commentary Jul 2, 2017
Monday July 3, 2017 is a Early Close Market Day: 1:00 pm EDT. 07/02/2017: Markets were mixed for the week, but the TECH Stocks went back down to the Support of the Red Lines (50-day avgs). Many Investments are back down in the Green … [Read more...]
Weekly Commentary Jun 25, 2017
06/25/2017: Markets were up slightly for the week, but the TECH Stocks bounced at the Support of the Red Lines (50-day avgs) and were up 2%. Many Investments are already back up in the Red Zones (probably too late to Buy for the Short … [Read more...]
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