Markets were mixed again today as the Indices are trying to bounce up at the Pink Line (10-day avgs.). That could be Bullish if the Markets can put in a Higher Low soon. Semiconductors are still weak. The major Indices are all Below the Green Lines … [Read more...]

Markets were lower again today as the Indices were back up in the Red Zones (probably too late to Buy for the Short Term). Now the Indices need to NOT make a new lows to indicate that the Selling could be over for a while. The major Indices are all … [Read more...]

Markets were mostly lower today as the Indices drifted on very low Volume. There was very little Buying, as the major Indices are above the Pink Lines (10-day avgs.), and the next Resistance is the Red Lines (50-day avgs.). The Strongest Leaders … [Read more...]

Markets were sharply higher today as long term Interest Rates have dropped from 3.5 % to 3.15%. Falling Rates and Commodity prices have investors hoping that Inflation has peaked. Now the major Indices are above the Pink Lines (10-day avgs.), so the … [Read more...]

Markets were slightly higher today as the major Indices are struggling to get above the Pink Lines (10-day avgs.) But the strong stocks that have benefitted from the Russian war this year were all having major profit taking (Wheat, Chemicals, … [Read more...]

Markets were mostly higher today as the major Indices rallied up near the Pink Lines (10-day avgs.) The first Resistance areas should be the Pink Lines which is at 3821 on the S&P 500 Index. Commodities were down again, and Bonds were up. The … [Read more...]

Markets were sharply higher today as the major Indices popped up out of the Green Zones. This caused Buying and Short Covering on the major Indices, even though they are still Below the Green Lines. The first Resistance areas should be the Pink Lines … [Read more...]

Markets were experiencing an up and down day today, switching between modest highs and lows. Until Interest Rates bottom, we are probably not going to have a good rally. The Strong Oil Stocks and Leaders below are down in the Green Zones for more … [Read more...]