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...]

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...]

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...]

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...]

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...]

11/08/2020 Markets were up sharply for the week as the Indices were very over-sold and the Election FEARS went away. The Markets are now over-bought for the Short Term and probably need a Stimulus Plan to go higher. The Indices don't seem to care who … [Read more...]

11/01/2020 Markets were down sharply for the week as FEAR and uncertainty has set in before the Election. The Markets need a Stimulus Plan to go higher, but that has been delayed. The Chart above indicates that it is probably too late to Sell, unless … [Read more...]

09/20/2020 Markets were mixed for the week but the Big Techs corrected more. Apple Amazon Facebook Google Netflix & Microsoft all Closed below their Red Lines (50-day avgs.) but the NYSE and Small Caps were up. Money did not leave the Market, it … [Read more...]