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. Many of the major Indices are near Highs but are very over-bought and […]
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 should reduce the amount of Funds that they are pouring into […]
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 the FED is Printing and Bonds prices are holding […]
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 Vaccine news, and better than expected Earnings. Probably the only Good News […]
Green Line Weekly! Nov 8, 2020
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 is President, as long as the FED keeps Printing Money. […]
Green Line Weekly! Nov 1, 2020
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 there will not be a Stimulus Plan. Congress loves to […]
Green Line Weekly! Sep 20, 2020
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 just rotated. Many of the Strongest Leaders are back down in the […]
Green Line Weekly! Sep 13, 2020
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 Leaders are back down in the Green Zones for Money Wave Buys […]
Green Line Weekly! Sep 6, 2020
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 recovery on Friday. The Strongest Leaders were up in the […]
Green Line Weekly! Aug 30, 2020
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 averages (Bearish). Normally Bonds would weaken when they see Inflation […]