QQQ Chart
The Leading NAZ 100 Index is still very Strong!

 

03/26/2017 Longer Term Interest Rates and Commodities dropped for the week on possible economic weakness from political issues.  The Financials need higher rates to go up much more, and Goldman Sachs is no longer the Leading DOW Stock, as it broke Below it’s Red Line.

Markets were down over 1%, as the Indices Failed below the early March highs. Most of the Leaders were in the Red Zones last week, but now many are quickly back in the Green Zones. The NYSE Chart is down to the Red Line, and should bounce again (actually a little FEAR now). 

Crude OIL is in the Weekly Green Zone, and needs to bounce soon, for a Bull to begin.

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!

 

MONEY WAVE BUYS SOON:    There are 11 Open Positions,  and 6 Investments are on the Watch List.

ON DECK to Buy soon:   ADI ANALOG DEVICES,  GS   GOLDMAN SACHS, INCY   INCYTE CORP,  NFLX   NETFLIX INC,   VALE   VALE DE RIO,  &  X   US STEEL.

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 Medium (Yellow 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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Tell your Friend about us, and HELP ANIMALS.

 

QUESTION: David writes “What do you think of the analyst’s opinions (buy, neutral, sell) in regards to your strategy? Thanks!”

ANSWER:  Analyst opinions are predictions and many are not scientific. Using the Green Line System, we are not PREDICTING, we are following the FLOW OF MONEY.

We are only Buying from the TOP 10% of all liquid Investments.
We are only Buying Investments Above the Green Line (more Buyers than Sellers).

You can follow some analyst, that might be hired to say the wrong thing, or you can Follow the Money (High Relative Strength + Above the G L).

Related Post

Weekly Commentary Mar 19, 2017

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