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...]
Green Line Weekly Feb 28, 2021
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...]
Green Line Weekly Feb 21, 2021
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...]
Green Line Weekly Feb 14, 2021
HAPPY VALETINES DAY! 2/14/2021 Markets were higher for the week as most Indices were able to make Higher Highs. However, the Volume was Low and many individual Leaders have not been able to make New Highs this time up. Eventually when Investments … [Read more...]
Green Line Weekly Feb 7, 2021
2/7/2021 Markets were sharply higher for the week as the Indices had a normal pop up off the Red Lines (50-day avgs.) Leaders were down in the Green Zones last week and are now quickly back up in the Red Zones. Some of the major Indices made New … [Read more...]
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