10/9/2022 Markets rallied sharply Monday and Tuesday, but then lost most of the up move at the end of the week. Stocks need Long term Interest Rates and the US Dollar to peak, which should happen soon from the panic buying on temporary … [Read more...]
Green Line Weekly! Sep 25, 2022
9/25/2022 Markets were sharply lower again this week as the Indices are back down re-testing the June lows. Then in June the Markets bounced up 19%. Get ready for an over-sold bounce soon, (see Chart). Long term Interest Rates and the US Dollar … [Read more...]
Green Line Weekly! Sep 11, 2022
9/11/2022 Markets were sharply higher for the week as the Indices were very over-sold for the short term. Smart Money came in and bought on the FEAR, and Short Sellers bought back stocks that they had shorted. But it is obvious to all now that … [Read more...]
Green Line Weekly! Aug 21, 2022
8/21/2022 Markets were lower for the week on mild profit taking. The Indices had rallied up for 4 straight weeks and were over-bought. Many Indices are back up Above the Green Lines, which is Bullish. But most stocks are currently too far above the … [Read more...]
Green Line Weekly! Aug 7, 2022
8/7/2022 Markets were slightly higher this week as the Indices have rallied back up near the Green Lines. Normally the Markets would stall near the Green Lines or go back down after a big rally with only average Volume. In June the Stock Indices … [Read more...]
Green Line Weekly! Jul 24, 2022
7/24/2022 Markets were higher for the week as the weaker "darling stocks" from last year finally popped up off the bottom. The FEAR has disappeared as some Earnings have been better than expected, and long term Interest Rates have dropped. So the … [Read more...]
Green Line Weekly! Jul 10, 2022
7/10/2022 Markets were higher for the week as the Indices made a Higher Low than in June. This could show that the Sellers are washed out, but the Buying Volume was not impressive. FEAR was High, so Smart Money Bought. But the Markets don't have any … [Read more...]
Green Line Weekly! Jun 25, 2022
6/25/2022 Markets were up sharply for the week as Commodities & Oil fell, and long term Interest Rates dropped. The Stock Indices were very over-sold for the Short Term because of temporary emotional FEAR. And eventually the FEAR dissipates, so … [Read more...]
Green Line Weekly! Jun 12, 2022
6/12/2022 Markets were down sharply for the week as the Indices were over-bought for the Short Term, and failed at the Red Lines (50-day avgs.). Now maybe a Wave 2 back down towards the May lows. Then if this decline can make a Higher Low, would … [Read more...]
Green Line Weekly! May 29, 2022
5/29/2022 Markets were up sharply for the week as the Indices were severely over-sold, and Smart Money Buys on the massive FEAR. Most were worried about high Interest Rates and Inflation, but now the Media is telling you that the worst is over (after … [Read more...]
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