Market-2

7/3/2022 Markets were down for the week as many are afraid that a slow down is coming, and Stock prices have been adjusting for that. But Stocks are almost as over-sold as they were in 2000 after COVID hit, because of temporary emotional FEAR. And … [Read more...]

6/25/2022 Markets were up sharply for the week as Commodities & Oil fell, and long term Interest Rates dropped. The Stock Indices were very over-sold for the Short Term because of temporary emotional FEAR. And eventually the FEAR dissipates, so … [Read more...]

MARKETS WILL BE CLOSED ON MONDAY FOR JUNETEENTH FEDERAL HOLIDAY 6/19/2022 Markets were down sharply for the week as the FED raised short term Interest Rates, and now many are betting a Recession is coming. Maybe so, but currently the Indices are … [Read more...]

6/12/2022 Markets were down sharply for the week as the Indices were over-bought for the Short Term, and failed at the Red Lines (50-day avgs.). Now maybe a Wave 2 back down towards the May lows. Then if this decline can make a Higher Low, would … [Read more...]

6/5/2022 Markets were down slightly for the week as the Indices were over-bought for the Short Term, and have stalled at the Red Lines (50-day avgs.). Maybe a quick Wave 2 pull back down about 1/2 way towards the May lows. Then would could see a more … [Read more...]