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...]
Green Line Weekly May 29, 2022
5/29/2022 Markets were up sharply for the week as the Indices were severely over-sold, and Smart Money Buys on the massive FEAR. Most were worried about high Interest Rates and Inflation, but now the Media is telling you that the worst is over (after … [Read more...]
Green Line Weekly May 22, 2022
5/22/2022 Markets were down again for the week as most are worried about high Interest Rates and Inflation. But long term Interest Rates dropped 9% this week as the Bond Market realized that the Economy is slowing down, and Bonds like that. Soon … [Read more...]
Green Line Weekly May 15, 2022
5/15/2022 Markets were lower again on a wild week of volatility. Most of the longer term indicators are now very over-sold, which means that Smart Money should be accumulating Stocks from the Dumb Money that bought Way Above the Green Lines in … [Read more...]
Green Line Weekly May 8, 2022
It is still possible that the Tech Stocks are correcting for another run up to the Highs. HAPPY MOTHER'S DAY! 5/8/2022 Markets were slightly lower for the week as Interest Rates rose and T-Bonds tanked another 5 %. The FED did "walk back" their … [Read more...]
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