6/23/2024 Markets were slightly higher for the week, but closed weaker. The Leading AI / Semi Stocks and Big 7 Stocks had some profit taking from being so over bought. The S&P 500 Index chart looks like the Wave III up rally from the Oct low is … [Read more...]
Green Line Weekly Jun 16, 2024
HAPPY FATHER'S DAY 6/16/2024 Markets were higher higher for the week as Treasury Bonds surged up 3.46% on Economic weakness Fears. Bonds love a slowdown because Inflation normally drops also. The Strongest Stocks now are very … [Read more...]
Green Line Weekly Jun 9, 2024
6/9/2024 Markets were mostly higher for the week as many are betting the the FED will begin Printing sooner (lowering of short term Interest Rates). Weak Economic numbers came out, causing Commodity Prices to fall and Bonds rallied. Most of the … [Read more...]
Green Line Weekly Jun 2, 2024
6/2/2024 Markets were mixed to lower for the week as the Big Tech Stocks had some profit taking after making new Highs. The Semiconductor & AI Stocks are strong, but are currently very over bought from panic FOMO (Fear of Missing Out) Buying. … [Read more...]
Green Line Weekly May 26, 2024
5/26/2024 Markets were mixed for the week as the Tech Stocks made new Highs, but the 30 DOW Industrials were lower. The Greed Index above says that Markets are over-bought, as many are betting that Inflation has peaked (Good News). Normally now … [Read more...]
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