2/19/2023 Markets were mixed after dropping from the highs when long term Interest Rates rose. Treasury Bond prices rolled over on higher Inflation news. But so far the long term Interest Rates are going up very slowly to retest the high of … [Read more...]
Green Line Weekly Feb 12, 2023
2/12/2023 Markets were lower for the week as Treasury Bond prices rolled over, which caused long term Interest Rates to rise. Long term Interest Rates have dropped steadily from the November high of 4.42% down towards the Green Line of 3.41% (18% … [Read more...]
Green Line Weekly Feb 5, 2023
2/5/2023 Markets were higher for the week as all of the major Indices Closed above the one year down trend lines. This normally will mean higher prices ahead, but the weekly S&P 500 chart above is up in the Red Zone (probably too late to Buy for … [Read more...]
Green Line Weekly Jan 29, 2023
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...]
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