Markets were sharply higher for the week as the Indices were very over sold and successfully flushed out the "weak hands" on FEAR. The last time the Markets were this over-sold was in June and then the Markets bounced up 19%. Mortgage rates are … [Read more...]
Green Line Weekly Oct 16, 2022
Markets were mostly lower for the week as long term Interest Rates stretched Way Above the Green Line. Eventually Interest Rates will return near the Green Line (like they always do), when the Economy slows down more. Stocks & Bonds are Way … [Read more...]
Money Wave Alert! Oct 13, 2022
Markets "gapped down" on the opening and then closed sharply higher. Smart Money bought on the the Bad News of the CPI numbers, and today looks like a Reversal Day with High Volume. Most is the Buying today was in the Big Caps. The US Dollar fell … [Read more...]
Green Line Weekly Oct 9, 2022
10/9/2022 Markets rallied sharply Monday and Tuesday, but then lost most of the up move at the end of the week. Stocks need Long term Interest Rates and the US Dollar to peak, which should happen soon from the panic buying on temporary … [Read more...]
Green Line Weekly Oct 2, 2022
10/2/2022 Markets were lower again this week as the Indices are back down re-testing the June lows. The last time the Markets were this over-sold was in June and then the Markets bounced up 19%. Get ready for an over-sold bounce soon. The CNN Fear … [Read more...]
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