Weekly Commentary Mar 19, 2017

POST UPDATED: February 10, 2024

Table of Contents

NYSE Chart
Can the NYSE another make a New High?

 

03/19/2017 WHY DO INVESTMENTS RETURN TO THE GREEN LINE? There is NOT an unlimited amount of Money that goes into the Stock Market. The Green Line is a good gauge of where Markets would be if you took out all of the Human Emotion. When Investors feel very confident, they tend to pile in and over-buy. They are afraid they will miss out on the rally, and Human GREED causes most to make bad decisions, and Buy Way Above the Green Line.

When the Professionals can see that the Herd has over bought (Indicators are at the top of their trading range), they begin to take profits. The current Trump Rally since Nov 8th is one of the Highest levels of confidence in history, so the rally has been very slow to correct…

When Investors lack confidence like on Nov 7th before the Election, The Markets dropped down to the Green Line. The Professional saw that the Markets would not tank. The Indicators were close to the bottom of the range, and FEAR was in the air… So they BOUGHT (Buy FEAR, Sell GREED).

 

Markets were up slightly for the week, as the Indices are going back up to re-test the recent highs. If the NYSE Chart above cannot make new highs this week, selling could come in. Optimistic Investors are fully in these Markets, expecting total perfection, and could be disappointed. 

 

We don’t worry… There should always be Investments going up EVERY YEAR that meet the Green Line RulesRaise some CASH, and wait… When Tammy dumps on some BAD NEWS, and we will be ready to BUY!

Please check out the new STAGE CHART INVESTING page.

 

MONEY WAVE BUYS SOON:    There are 9 Open Positions,  and 2 Investments are on the Watch List.

ON DECK to Buy soon:  GV   GOLDFIELD CORP, &   CFG    CITIZENS FINANCIAL.

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up.

 

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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