Market-2

06/16/2016 Daily Commentary: Markets dumped below support in the morning, but rallied back on the Close. The Major Indices were down in the Green Zones, but most ended up with  Money Wave Buys Signals today (Major Indices have < 90 Relative Strength). The  S&P 500 went down below the recent Support of 2064, flushed out the non-believers and Closed at 2078, back above the Red Lines (50-day avgs.)  Maybe another pull-back in the morning.

Money Wave Buys on Thursday for  CNQ, DAR, HUN, SID,  & YNDX.  (See listing below)

Soon for BBG, BIG HPE  SN, & WPX   We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

Short Term Trades

DATE	SYMBOL	BUY PRICE	STOP LOSS
6/16/2016	CNQ	$28.70	$27.80
6/16/2016	DAR	$15.15	$14.73
6/16/2016	HUN	$15.31	$14.77
6/16/2016	SID	$2.09	$1.90
6/16/2016	YNDX	$21.09	$20.50
6/15/2016	ALB	$79.71	$79.71
6/15/2016	INO	$10.69	$9.95
6/15/2016	OCLR	$4.98	$4.98

 

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– Wednesday Jun 15, 2016

06/15/2016 Daily Commentary: Markets tried to rally today, as the Major Indices are back down in the Green Zones. The rally fizzed out in the afternoon, as the S&P 500 should go back down the retest the recent Support of 2064, and the Red Lines (50-day avgs.)  If the S&P 500 holds at Support, it should bounce soon.

Money Wave Buys on Wednesday for ALB, INO, & OCLR .

Soon for   BBG, CNQ, DAR, HUN,  MTW, , SID,  SN, WPX & YNDX.  We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

 

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– Tuesday Jun 14, 2016

06/14/2016 Daily Commentary: Markets were down again today, but the Major Indices are back down in the Green Zones. Markets are down near the Red Lines (50-day avgs.) and the S&P 500 should bounce soon near the Red Line (50-day avg.).

Money Wave Buys soon for ALB, CNQ, INO, MTW, OCLR WPX & ARIA We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

 

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– Monday Jun 13, 2016 Daily Commentary

06/13/2016 Daily Commentary: Markets were down today, as the Leaders should return back down to the Green Zones. Last week, many Indices could not get above the April highs, indicating a lack of Buyers.
Markets were very over-bought on the short term, and there should finally be some Money Wave Buy setups later this week. S&P 500 should bounce soon near the Red Line (50-day avg.).

Be patient and Wait for Green Zone Buys. Most Leading Funds were in or near the Red Zones (probably too late to Buy for the short term).  Money Wave Buys soon for ALB, MTW, OCLR & ARIA We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

 

 

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– 06/11/2016 Markets stalled at April Highs

06/11/2016 Weekly Commentary: Markets were down slightly for the week, as the S&P 500  had a ‘False Breakout’ at 2111, and Oil prices pulled back. Many Indices could not get above the April highs, indicating a lack of Buyers. Markets were very over-bought on the short term, and there should finally be some Money Wave Buy setups next week.

Interest Rates dumped on the weak World Economy, and are down near the February lows. Markets were very over-bought on the short term, and there should finally be some Money Wave Buy setups next week.

Be patient and Wait for Green Zone Buys. Most Leading Funds were in or near the Red Zones (probably too late to Buy for the short term).  Money Wave Buys soon for ALB, MTW, and OCLR. We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

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– Thursday Jun 9,2016