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...]
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...]
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...]
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