9/08/2024 Markets were sharply lower for the week as the S&P 500 Index hit Resistance of the July high. Normal profit taking came in at the high and the Selling Volume was low (Bullish). It would have been stronger if the S&P 500 was able to … [Read more...]
Green Line Weekly Sep 2, 2024
9/02/2024 Markets were higher for the week as the Wave V rally up continued. The S&P 500 Index needed to bounce up at the Pink Line (10-day avg.) to avoid a short term Sell Signal. So far the Big 7 Stocks and AI / Semiconductors are lagging, … [Read more...]
Green Line Weekly Aug 25, 2024
8/25/2024 Markets were higher again for the week as the Wave V up is slowly losing momentum. The rally has been steep, which indicates power, but not with great Buying Volume. Your strongest Stocks now should be back above the 50-day averages (Red … [Read more...]
Green Line Weekly Aug 18, 2024
8/18/2024 Markets were sharply higher for the week as the Wave V up has been steep, but not with great Buying Volume. Two weeks ago the Big 7 Stocks and Semiconductors /AI went back down near the Green Lines, on a one month long FEAR Flush by the … [Read more...]
Green Line Weekly Aug 11, 2024
8/11/2024 Markets were mixed for the week after rallying up sharply from the low, created by the one month long FEAR Flush by the Media. The Big 7 Stocks and Semiconductors /AI went back down near the Green Lines, after dumb money panic bought them … [Read more...]
Green Line Weekly Aug 4, 2024
8/4/2024 Markets were down sharply for the week, as the FEAR Flush by the Media has taken the Big 7 Stocks and Semiconductors /AI back down near the Green Lines. This should be a normal Wave IV downward correction, to Flush out the undisciplined … [Read more...]
Green Line Weekly Jul 28, 2024
7/28/2024 Markets were mixed for the week, as the Big 7 Stocks and Semiconductors /AI dropped more on profit taking after having huge rallies up this year. We should see a bounce back up on the Big 7 Stocks and the Big Techs that made highs in June … [Read more...]
Green Line Weekly Jul 21, 2024
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...]
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