10/29/2023 Markets were lower again for the week, but long term Interest Rates finally quit going up and Bond prices firmed up. Eventually High Interest Rates will slow the Economy down, and the Green Line tells us that Rates should drop down to … [Read more...]
Green Line Weekly Oct 22, 2023
10/22/2023 Markets were lower for the week as long term Interest Rates shot up again and made a higher high on Inflation Fears. The Media is scaring Dumb Money into selling their Bonds now with a 5.1% yield (note huge Selling Climax Volume). This is … [Read more...]
Green Line Weekly Oct 15, 2023
10/15/2023 Markets shot up earlier this week and the S&P 500 rallied up to the 50-day avg. (like it always does). Then the Indices became over bought for the short term (back up in the Red Zones), and are pulling back on profit taking. The … [Read more...]
Green Line Weekly Oct 8, 2023
10/8/2023 Markets finally reversed the down trend and Closed higher. The Media had another excellent FEAR Flush designed to cause Dumb Money to Sell out, after Dumb Money Bought at the August highs on GREED & FOMO (Fear of Missing Out). All of … [Read more...]
Green Line Weekly Oct 1, 2023
10/1/2023 Markets were mostly lower for the week as Treasury Bonds dropped another 3%, down slightly below the October Support. The low Bond prices have caused long term Interest & Mortgage Rates to surge up and create slow down Fears. But … [Read more...]
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