09/13/2020 Markets were down for the week as the Big Techs finally corrected. Apple & Tesla have dropped 20% & 34% respectively from the recent Highs, as Tammy just had to Buy High on the Good News of the stock splits.  The Strongest … [Read more...]

09/06/2020 Markets started the week making New Highs as Tammy just had to Buy Apple & Tesla on the Good News after they split on Monday (possibly at the Top). Then Smart Money took profits and the NASDAQ 100 quickly dumped 10% before a nice … [Read more...]

08/30/2020 Markets were up for the week after the FED pledged to keep Interest Rates "lower for longer". This could mean that the FED could ignore upticks in Inflation to help the 36% of the S&P 500 stocks that are still below their Long Term … [Read more...]

08/23/2020 Markets were mostly up for the week as the S&P 500 Index is back up to the Feb. High. The NASDAQ 100 Index made another  New High, but the broad New York Index and the Small Caps were down this week. There should be plenty of Sellers … [Read more...]

08/16/2020 Markets were up slightly again for the week as the S&P 500 Index is only 0.2% from the All Time High in Feb. There would normally be plenty of Sellers up around the Feb Highs (Resistance), so a pullback down to the 50-day average or … [Read more...]

08/09/2020 Markets were up again for the week as the S&P 500 Index is now back up to the All Time High in Feb. The NASDAQ 100 Index is on New Highs mainly because of huge moves on Amazon, Apple, Google & Microsoft. The broad New York Stock … [Read more...]

08/02/2020 Markets were mostly up for the week as the S&P 500 Index is getting up close to the All Time Highs in Feb. There would normally be plenty of Sellers at the Feb Highs (Resistance), so a pullback down to the 50-day average or below could … [Read more...]

07/26/2020 Markets were down slightly for the week as the S&P 500 Index was over-bought and was nearing Resistance of the Feb High. Resistance is an area where profit taking came in before, so many will Sell again at Resistance if the Volume is … [Read more...]

07/19/2020 Markets were up again for the week as the S&P 500 Index is well into a "W" pattern off the Red Line (50-day avg.), and it made it back up to the June Highs. Now the S&P 500 needs to exceed the June Highs for this rally up to … [Read more...]

07/12/2020 Markets were up again for the week as the Indices are trying to get back up to the early June Highs. The S&P 500 Index is doing a "W" pattern off the Red Line (50-day avg.) and needs to exceed the June Highs for this rally up to … [Read more...]