1/29/2023 Markets were higher for the week as the S&P 500 and Small Cap Indices were able to join the DOW 30 and close back Above the Green Line. Now the S&P 500 has Resistance at 4101 to get thru for more upside. It looks like the FED will … [Read more...]
Green Line Weekly Jan 22, 2023
1/22/2023 Markets were mixed for the week as the big DOW 30 Stocks have become weaker, but the big Tech Stocks have firmed up. The S&P 500 Index is back up to the down trend line, and needs to Close above that to be bullish. Investors are … [Read more...]
Green Line Weekly Jan 16, 2023
1/16/2023 Markets were higher for the week as long term Interest Rates fell back down near the Green Line. The recent Stock Indices decline did not go down as low as October, which is bullish. Now the S&P 500 Index needs to Close above the 1 year … [Read more...]
Green Line Weekly Jan 8, 2023
1/8/2023 Markets were higher for the week after bouncing up from last week's low. The major Indices are retesting the Oct. lows, and the Markets need to make a higher low than in October to become more "bullish". The major Tax Loss selling at the end … [Read more...]
Green Line Weekly Jan 2, 2023
1/2/2023 Markets were slightly lower for the week on low Holiday trading. But for the 2022 year, the S&P 500 fell 19.4%, the Nasdaq Composite was down 33 % and the DOW 30 dropped 9%. T-Bonds lost 31% from aggressive FED Tightening. So many newer … [Read more...]
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