Green Line Weekly! Mar 6, 2022
3/6/2022 Markets were slightly lower for the week, as the Indices are going back down to re-test the recent February Lows. If the S&P 500 Index cannot make a New Low soon, then we could finally see a bounce up off the Green Line. Normally Investments that made Highs in January will go back up […]
Green Line Weekly! Feb 20, 2022
MARKETS WILL BE CLOSED ON MONDAY FOR PRESIDENT’S DAY HOLIDAY 2/20/2022 Markets were lower again for the week as the Indices are going back down to re-test the January Lows. Investor’s FEAR is the now the highest since 2016 according the Investor Sentiment Chart above. This means that most investment newsletter writers are predicting that […]
Green Line Weekly! Feb 6, 2022
2/6/2022 Markets were higher for the week after the Stronger Indices were able to bounce up off the Green Lines. Most likely the bounce up off the Green Line will have 5 Waves (3 up waves and 2 down waves) and the pull-back for the last few days is Wave 2 down. Then we could […]
Green Line Weekly! Jan 23, 2022
1/23/2022 Markets were sharply lower for the week as the Indices are returning back down to the Green Lines (like they always do). The Markets are discounting the Tapering of the massive Printing that FED has been doing, which gave the Markets a “sugar high”. Now we should find out if the Economy can maintain […]
Green Line Weekly! Jan 9, 2022
1/9/2022 Markets were lower for the week, as the Treasury Bonds dumped 4%, causing higher Interest Rates on Mortgages. This also caused the Big Techs to pull back on profit taking. Only the S&P 500 Index was able to make a significant New High recently, and the other Indices did not. This indicates that Smart […]
Green Line Weekly! Dec 19, 2021
12/19/2021 Markets were lower for the week, on Fears of the Virus picking back up, and on the FED Tapering news. We should find out soon if the Markets can hold up without the FED propping it up as much as they did earlier this year. Currently the S&P 500 Index is over-bought (Way Above […]
Green Line Weekly! Dec 5, 2021
12/05/2021 Markets were down again for the week, as the major Indices are relieving the over-bought condition (Way Above the Green Lines). The weaker DOW 30, NYSE, and Small Cap Indices are almost down to their Green Lines, as Investor’s FEAR shot up. The CNN Fear & Greed Index (see above) was up to 82 […]
Green Line Weekly! Nov 14, 2021
11/14/2021 Markets were slightly lower this week, as the major Indices were stretched Way Above the Green Lines. The Selling is mild, but when Investments do pull back, the Buying Volume has not picked up much on Buy Signals. This indicates a tired Market, but there were enough New Highs on Earnings recently to probably […]
Green Line Weekly! Oct 31, 2021
10/31/2021 Markets were higher again this week, as the major Indices were able to exceed the September Highs.The Markets are currently over-bought for the Short Term, and are waiting on 1. Possibly Trillions more of Gov’t. Spending and 2. Expected FED Tapering of their $120 Billion of monthly Debt Buying in November. So Investors will […]
Green Line Weekly! Oct 17, 2021
10/17/2021 Markets were higher again this week, as the major Indices are going back up to retest the September Highs. However, the Buying Volume was still below average, and Commodity Prices made New Highs for the week. Stocks now have some competition from Commodity Prices and Inflation (Tangible Investments). Now the Indices need to make […]