11/15/2020 Markets were up again for the week on favorable Virus Vaccine news, and better than expected Earnings. Good Earnings and Vaccine News have been discounted with higher Stock prices. Probably the only Good News left for the Short Term would … [Read more...]
Green Line Weekly Nov 8, 2020
11/08/2020 Markets were up sharply for the week as the Indices were very over-sold and the Election FEARS went away. The Markets are now over-bought for the Short Term and probably need a Stimulus Plan to go higher. The Indices don't seem to care who … [Read more...]
Green Line Weekly Nov 1, 2020
11/01/2020 Markets were down sharply for the week as FEAR and uncertainty has set in before the Election. The Markets need a Stimulus Plan to go higher, but that has been delayed. The Chart above indicates that it is probably too late to Sell, unless … [Read more...]
Green Line Weekly Oct 25, 2020
10/25/2020 Markets were down slightly for the week after the Indices were disappointed in Congress for no Stimulus Plan. But many Leaders are back down in the Green Zones so we should see a Market pop up soon. Investors seem to be comfortable owning … [Read more...]
Green Line Weekly Oct 18, 2020
10/18/2020 Markets were mixed for the week after the Indices went back up near the September Highs. The FAANMG stocks woke up and most had big pops up, but no New Highs. Investors seem to be comfortable owning stocks as long as Interest Rates are so … [Read more...]
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