7/21/2024 Markets were mostly lower for the week, as the Big 7 Stocks and Semiconductors /AI corrected back down to the 50-day averages. The Watch List has grown to 10 Positions now, so we should see a bounce up soon on the Big 7 Stocks and the Big … [Read more...]
Green Line Weekly Jul 14, 2024
7/14/2024 Markets were mostly higher for the week, and the weaker Small Caps (IWM) squirted up on hopes of lower short term Interest Rates. The strong Indices (SPY & QQQ) are Way Above the Green Lines and have probably already discounted the … [Read more...]
Green Line Weekly Jul 7, 2024
7/7/2024 Markets were mostly higher for the week, but the weaker Small Caps (IWM) were lower. The Big 7 Stocks surged up an average 7 %, as those seem to be holding up the Markets. Bonds rose on weaker Economy news. The Leading AI / Semi Stocks … [Read more...]
Green Line Weekly Jun 30, 2024
6/30/2024 Markets were mixed for the week, as the Leading AI / Semi Stocks have stalled out for a while. These need to make higher highs soon for this rally to continue. The Big 7 Stocks had some profit taking from being so over bought. The S&P … [Read more...]
Green Line Weekly Jun 23, 2024
6/23/2024 Markets were slightly higher for the week, but closed weaker. The Leading AI / Semi Stocks and Big 7 Stocks had some profit taking from being so over bought. The S&P 500 Index chart looks like the Wave III up rally from the Oct low is … [Read more...]
Green Line Weekly Jun 16, 2024
HAPPY FATHER'S DAY 6/16/2024 Markets were higher higher for the week as Treasury Bonds surged up 3.46% on Economic weakness Fears. Bonds love a slowdown because Inflation normally drops also. The Strongest Stocks now are very … [Read more...]
Green Line Weekly Jun 9, 2024
6/9/2024 Markets were mostly higher for the week as many are betting the the FED will begin Printing sooner (lowering of short term Interest Rates). Weak Economic numbers came out, causing Commodity Prices to fall and Bonds rallied. Most of the … [Read more...]
Green Line Weekly Jun 2, 2024
6/2/2024 Markets were mixed to lower for the week as the Big Tech Stocks had some profit taking after making new Highs. The Semiconductor & AI Stocks are strong, but are currently very over bought from panic FOMO (Fear of Missing Out) Buying. … [Read more...]
Green Line Weekly May 26, 2024
5/26/2024 Markets were mixed for the week as the Tech Stocks made new Highs, but the 30 DOW Industrials were lower. The Greed Index above says that Markets are over-bought, as many are betting that Inflation has peaked (Good News). Normally now … [Read more...]
Green Line Weekly May 19, 2024
5/19/2024 Markets were higher again for the week as many are betting that Inflation has peaked. Bonds rallied higher (lower long term Rates) on slower Inflation news. The strongest Leaders and Indices are quickly back up to higher highs again. The … [Read more...]
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