8/27/2023 Markets were mixed for the week after Treasury Bonds might have bottomed down near the October Support. Bonds are now over sold and should bounce up soon. The rise in long term Interest Rates has been hurting the Big Tech stocks. Last time … [Read more...]
Green Line Weekly Aug 20, 2023
8/20/2023 Markets were lower again for the week as Treasury Bonds dropped down near the October Support, causing long term Interest Rates to rise. Bonds are now over sold and should bounce up soon. The rise in long term Interest Rates has been … [Read more...]
Green Line Weekly Aug 13, 2023
8/13/2023 Markets were mostly lower again for the week as the 3 week downward correction has returned the Indices back down near the 50-day averages (like they always do). Treasury Bonds have been dropping, causing long term Interest Rates to rise. … [Read more...]
Green Line Weekly Aug 6, 2023
8/6/2023 Markets were lower for the week as Treasury Bonds dropped from a ratings downgrade. Bonds were downgraded because Congress keeps borrowing money and the US Balance Sheet is in bad shape. This caused long term Interest Rates to rise, hurting … [Read more...]
Green Line Weekly! Jul 30, 2023
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...]
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