The Big Picture for 2019
Wow! Markets just rallied 18% in 7 weeks from the Dec Lows. That is more than 7 of the last 10 years of this Bull Market. While Earnings improved considerably during the last 10 year Bull, much of the rally was from the FED printing historical amounts of Money. The Fed printing is over, and we now have $22 Trillion on Debt (US DEBT Clock).
So if you plan to Buy & Hold and continue to make good money like over the last 10 years, you will probably become very frustrated. There is not an UNLIMITED amount of Money to go into Stocks Markets. and the FED is no longer Buying, and Insiders are mostly Selling. So if the Markets are now at Equilibrium (same amount of Buyers & Sellers) then Market Timing might be your answer. The Solution for many and the 401K type Investor might be to only Buy in the Green Zone of this Chart, and take profits in the Red Zone.
02/17/2019: Markets were up big for the week as Good News poured in. So Tammy panic Sold in Dec. on Bad News, and is now hopping back in on Good News? Remember, Smart Money Buys on Bad News, and Sells on Good News.
For the week the Dow was up 3.09%, the S&P 500 was up 2.55%, and the Nasdaq 100 was up 2.05%. The very Long Term Trend on the Stock Markets is UP. Now all of the major US Indices are back Above the Green Lines. Stocks still do not have a real competing Investment yet, other than CDs at the Bank.
The Inflation Index (CRB) was up 1.85% and is Below the Green Line, indicating Economic Weakness.
Bonds were down 0.30% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was up 0.27%, and is over-bought again.
Crude Oil was up 6.18% for the week at $55.98, and GOLD was up 0.27% at $1322.
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MONEY WAVE BUYS SOON:
We are currently in 5 logged Open Positions, for the Short & Medium Term. There are 3 Investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM TRADES
Many of the Strongest Investments that bounced up off the Green Line with Above 80 Relative Strength, are now getting back into their Red Zones on the weekly charts (Danger Zone).
AVP AVON PRODUCTS Buy when it Closes above $2.99.
FTNT FORTINET, INC. Wait for the next Daily Money Wave Buy Signal.
GNW GENWORTH FINANCIAL Buy if it Closes above $5.27.
LW LAMB WESTON HOLDINGS Buy if it Closes above $71.81.
PFE PFIZER, INC. Wait for the next Daily Money Wave Buy Signal.
UAL UNITED CON’T. AIR Wait for the next Daily Money Wave Buy Signal.
VER VEREIT, INC. Wait for the next Daily Money Wave Buy Signal. (7% Dividend)
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Alert! Market Risk is HIGH (Red Zone). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.
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