7/30/2023 Markets were higher for the week as the Leaders are retesting last week's highs. The strongest Indices and Leaders must make more higher highs to negate the possible "M" or Double Top pattern. Eventually a Double Top will happen when the … [Read more...]
Green Line Weekly Jul 23, 2023
7/23/2023 Markets were mixed for the week as the Leaders are very extended (Way Above the Green Lines). Historically Smart Money will take profits soon and Wait for a pull back, The strongest Indices and Leaders were able to exceed the recent highs, … [Read more...]
Green Line Weekly Jul 16, 2023
7/16/2023 Markets were higher for the week as Commodity prices have dropped which has caused the Inflation Rate to drop. The strongest Indices and Leaders were able to exceed the recent highs, and negate the possible "M" or Double Top pattern. … [Read more...]
Green Line Weekly Jul 9, 2023
7/9/2023 Markets were lower for the week as the strongest Leaders could not exceed last week's highs, and profit taking came in. Recently the Markets and Leaders have been having tiny pull backs, so many Swing Trade bounces have been small. Many … [Read more...]
Green Line Weekly Jul 2, 2023
7/2/2023 Markets were higher for the week as the strongest Leaders bounced up from the Green Zones for Buy Signals. We had several Buy Signals this week, but the Buying Volume was disappointing. Now the S&P 500 and NASDAQ 100 Indices need to … [Read more...]
Green Line Weekly Jun 25, 2023
6/25/2023 Markets were lower for the week on normal profit taking. The strongest Leaders that made last week highs recently have pulled back down into the Green Zones for Buy Signals again next week (the Watch List has grown).Unfortunately many … [Read more...]
Green Line Weekly Jun 18, 2023
6/18/2023 Markets were higher again for the week as the FED stopped Tightening (raising short term Interest Rates) at their meeting on Wed 14th. Many look at this as Good News. But in March, Dumb Money had FEAR when some banks got closed, and Sold. … [Read more...]
Green Line Weekly Jun 11, 2023
6/11/2023 Markets were slightly higher for the week as the FEAR has gone, and there has been panic Buying in some stocks. FOMO (Fear of Missing Out) has taken over and Greed has returned. We like to Buy on FEAR (like in March), and take profits on … [Read more...]
Green Line Weekly Jun 4, 2023
6/4/2023 Markets were higher for the week, as the FEAR has gone, and FOMO (Fear of Missing Out) and Greed have returned. We like to Buy on FEAR, and take profits on GREED. Currently the Greed Index (SVXY) is very high, and the Fear Index (VIX) is the … [Read more...]
Green Line Weekly May 28, 2023
5/28/2023 Markets were mostly higher this week, as the Big Tech & Semiconductor surged up on Earnings. Investors are betting that the Debt Ceiling will be raised this week, which would allow Congress to borrow more money (max out the credit … [Read more...]
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