9/18/2022 Markets were sharply lower for the week as the Indices have been adjusting for more FED tightening (raising the Fed Funds rate) probably another 3/4% on Wednesday. FEAR is High, and that is when we like to Buy. The S&P 500 Index is … [Read more...]
Green Line Weekly Sep 11, 2022
9/11/2022 Markets were sharply higher for the week as the Indices were very over-sold for the short term. Smart Money came in and bought on the FEAR, and Short Sellers bought back stocks that they had shorted. But it is obvious to all now that … [Read more...]
Green Line Weekly Sep 4, 2022
9/4/2022 Markets were sharply lower again this week as steady and mild selling continued. The Markets are adjusting for more FED tightening (raising Fed Funds rate) another 3/4% on Sept 21. This has caused the US Dollar to soar and now the Chart is … [Read more...]
Green Line Weekly! Aug 28, 2022
8/28/2022 Markets were sharply lower for the week as sellers dumped on Friday's FED News. The Indices were over-bought, and most stocks were too far above the Red Lines (50-day avgs.) Now the Indices are quickly back down slightly below the Red … [Read more...]
Green Line Weekly Aug 21, 2022
8/21/2022 Markets were lower for the week on mild profit taking. The Indices had rallied up for 4 straight weeks and were over-bought. Many Indices are back up Above the Green Lines, which is Bullish. But most stocks are currently too far above the … [Read more...]
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