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...]

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...]