Can the Dow Go up Once more?  04/23/2017:  Markets were up for the week, as the Strongest Leaders bounced Above the Red Lines (50-day avgs).  The weaker Indices (Dow, NYSE & Transports) had a few days below the Red Lines, indicating a … [Read more...]

  04/015/2017:  Markets were down about 1% for the week, as Investors are becoming worried if Congress will agree on Tax Reform and a new HealthCare bill. The major Indices did not bounce off of the Red Lines (see Chart above), which … [Read more...]

    04/09/2017:  Markets were down slightly for the week, as the weekly bounce of the major Indices off of the Red Lines was not impressive. Usually the bounce would quickly go back up to the Highs, or higher... Falling below the … [Read more...]

  04/01/2017:  REALITY CHECK TIME. Since the Trump Rally began on Nov 8th (or when the Market bounced off the Green Line), the S&P 500 is up 10.8%. If you are expecting more upside on the Markets without a pull-back, you will probably be … [Read more...]

  03/26/2017:  Longer Term Interest Rates and Commodities dropped for the week on possible economic weakness from political issues.  The Financials need higher rates to go up much more, and Goldman Sachs is no longer the Leading DOW Stock, as … [Read more...]