Green Line Weekly! Dec 18, 2022
12/18/2022 Markets were lower again for the week as the major Indices are correcting the 19% rally up from the Oct. lows. Also the Markets are telling the Fed to stop tightening after after they raised short term Interest Rates another 1/2 point. For the Markets to go higher, the FED needs to stop tightening […]
Green Line Weekly! Dec 4, 2022
12/4/2022 Markets were slightly higher for the week as most of the major Indices returned back up the Green Lines (like they always do). Now the Markets need the FED to stop tightening (raising short term Interest Rates) after their Dec 14th meeting. for stocks to go much higher. This week the FED started walking back […]
Green Line Weekly! Nov 20, 2022
11/20/2022 Markets were mixed to lower for the week as Indices are still over-bought from the sharp bounce up from the October lows. The DOW 30 Index is now well Above the Green Line, but the other major Indices have stalled Below the Green Lines. The US Dollar and long term Interest Rates have come down, […]
Green Line Weekly! Nov 6, 2022
11/6/2022 Markets were lower for the week as the Indices became over-bought after a 12% rally off of the October lows. The FED raised short term Interest Rates another 3/4 point this week, but that might be the last raise. This tightening by the FED caused some FEAR Selling on the Big Tech Stocks. We are […]
Green Line Weekly! Oct 23, 2022
Markets were sharply higher for the week as the Indices were very over sold and successfully flushed out the “weak hands” on FEAR. The last time the Markets were this over-sold was in June and then the Markets bounced up 19%. Mortgage rates are nearing 7 % (the highest since 2002) and Smart Money knows […]
Green Line Weekly! Oct 9, 2022
10/9/2022 Markets rallied sharply Monday and Tuesday, but then lost most of the up move at the end of the week. Stocks need Long term Interest Rates and the US Dollar to peak, which should happen soon from the panic buying on temporary emotion. We know that the Dollar and long term Interest Rates are […]
Green Line Weekly! Sep 25, 2022
9/25/2022 Markets were sharply lower again this week as the Indices are back down re-testing the June lows. Then in June the Markets bounced up 19%. Get ready for an over-sold bounce soon, (see Chart). Long term Interest Rates and the US Dollar should be peaking soon, as the FED has probably OVER-TIGHTENED. Commodities are […]
Green Line Weekly! Sep 11, 2022
9/11/2022 Markets were sharply higher for the week as the Indices were very over-sold for the short term. Smart Money came in and bought on the FEAR, and Short Sellers bought back stocks that they had shorted. But it is obvious to all now that without the FED Printing, the Stock Market has no power. […]
Green Line Weekly! Aug 21, 2022
8/21/2022 Markets were lower for the week on mild profit taking. The Indices had rallied up for 4 straight weeks and were over-bought. Many Indices are back up Above the Green Lines, which is Bullish. But most stocks are currently too far above the Red Lines (50-day avgs.) so the Swing Traders have quit buying […]
Green Line Weekly! Aug 7, 2022
8/7/2022 Markets were slightly higher this week as the Indices have rallied back up near the Green Lines. Normally the Markets would stall near the Green Lines or go back down after a big rally with only average Volume. In June the Stock Indices were Way Below the Green Lines, and the Strong Commodities and […]