4/11/2021 Markets were higher for the week and the S&P 500 and DOW 30 Indices were able to make New Highs again. But the Small Caps, NASDAQ 100 and the Leaders still need to make New Highs for the 1 year rally to continue. So far the Buying … [Read more...]
Green Line Weekly! Mar 27, 2021
3/27/2021 Markets were higher for the week as the Indices bounced up off the Red Lines (50-day avgs.) and should re-test the recent Highs. Many Leaders and Indices went down into the Green Zones and then turned up on Thursday & Friday for Short … [Read more...]
Green Line Weekly! Mar 14, 2021
3/14/2021 Markets were up big for the week on the excitement of a $1.9 Trillion Stimulus Plan. The major Indices were able to bounce up off the Red Lines (50-day avgs.) and the DOW 30 Index and Small Caps were able to make new Highs. Banking and Oil … [Read more...]
Green Line Weekly! Feb 28, 2021
2/28/2021 Markets were down slightly for the week on profit taking and higher Interest Rates. Bonds dumped earlier in the week as the Treasury Department sold $62 billion of seven-year notes, and the auction did not go well. The Indices are down … [Read more...]
Green Line Weekly! Feb 14, 2021
HAPPY VALETINES DAY! 2/14/2021 Markets were higher for the week as most Indices were able to make Higher Highs. However, the Volume was Low and many individual Leaders have not been able to make New Highs this time up. Eventually when Investments … [Read more...]
Weekly Green Line! Jan 31, 2021
1/31/2021 Markets were lower for the week on profit taking. The major Indices were on Highs last week and were very over-bought and were Way Above the Green Lines. FEAR has quickly returned to the Markets as the CNN Fear & Greed Index is … [Read more...]
Green Line Weekly! Jan 17, 2021
MARKETS WILL BE CLOSED ON MONDAY FOR MLK HOLIDAY. 1/17/2021 Markets were lower for the week as mild profit taking set in. Longer Term Interest Rates and Commodity prices have been rising on more FED Printing and expectations of the Virus peaking. … [Read more...]
Green Line Weekly! Jan 3, 2021
1/03/2021 Markets were higher for the week on low Holiday Volume. Many of the major Indices are on Highs but are very over-bought. Much of the Rally since March is from FED Printing (see Chart above). When the latest Virus surge peaks, the FED … [Read more...]
Green Line Weekly! Dec 13, 2020
12/13/2020 Markets were down slightly for the week, but most of the major Indices made New Highs. Markets are Way Above the Green Lines and some Leaders are more than 100% Above the G L (Emotions have taken over). This doesn't mean much as long as … [Read more...]
Green Line Weekly! Nov 22, 2020
11/22/2020 Markets were mostly lower for the week as the major Indices are back up near the Highs (Resistance). Profit taking has been coming in near the Highs. The Markets have been running up on Good News about Low Interest Rates, favorable Virus … [Read more...]
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