Market-2

3/21/2021 Markets were down slightly for the week on profit taking from most of the Indices being at all time Highs. Markets are High from Hope of the Virus ending, and Trillions of $$ of liquidity of borrowed money by our Government. Liquidity is … [Read more...]

3/14/2021 Markets were up big for the week on the excitement of a $1.9 Trillion Stimulus Plan.  The major Indices were able to bounce up off the Red Lines (50-day avgs.) and the DOW 30 Index and Small Caps were able to make new Highs. Banking and Oil … [Read more...]

3/7/2021 Markets were up for the week, but the Big Tech and Momentum stocks pulled back sharply on profit taking and higher Interest Rates. Most major Indices were able to Close back above the Red Lines (50-day avgs.) as Banking and Oil Stocks became … [Read more...]

2/28/2021 Markets were down slightly for the week on profit taking and higher Interest Rates. Bonds dumped earlier in the week as the Treasury Department sold $62 billion of seven-year notes, and the auction did not go well. The Indices are down … [Read more...]

2/21/2021 Markets were slightly lower for the week as weather and a Holiday slowed down the Volume. It has now more difficult to make Money with Stocks, as most are extended Way Above the Green Lines, and Smart Money has paused on Buying at these … [Read more...]