06/30/2019: Markets were mixed for the week, after the Indices bounced up off the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. Maybe some good China Trade news on Monday to push the Markets higher.
Many are waiting for more FED Printing to stimulate the Economy. The Fed Futures are pointing to an 80% chance of a July Rate cut.
Bonds are Way Above the Green Line, and new signs of Economic strength should cause Bonds to drop.
For the week the Dow was down 0.45%, the S&P 500 was down 0.29%, and the Nasdaq 100 was down 0.75%. The very Long Term Trend on the Stock Markets is UP.
The Inflation Index (CRB) was up 1.41% and is Below the Green Line, indicating Economic Weakness.
Bonds were up 1.05% for the week and are Way Above the Green Line, indicating Economic Weakness.
The US DOLLAR was up 0.08% and Closed below the 50-day avg. Could be a huge Double Top from 3 years ago.
Crude Oil was up 1.81% for the week at $58.47, and GOLD was up 0.97% at $1413.70.
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COMPLETED TRADES THIS YEAR (Jan 1- Jun 30 2019)
45 Wins
21 Losses
Average per Trade was 3.27%… Total for 66 Trades was 215.55 %.
MONEY WAVE BUYS SOON:
We are currently in 8 logged Open Positions, for the Short & Medium Term. There are 5 Investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM INVESTMENTS
Buy the Leading Investments that are down near the weekly Green Zones.
HZNP HORIZON PHARM. Wait for Weekly Close Above the Red Line of $24.63.
IONS IONIS PHARM. Wait for Weekly Close Above the Red Line of $67.01.
LLY ELI LILLY & CO. Wait for Weekly Close Above the Red Line of $116.06.
RAMP LIVE RAMP HOLDINGS Wait for Weekly Close Above the Red Line of $52.37.
VMW VMWARE INC. Wait for Weekly Close Above the Red Line of $180.25.
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Click for Portfolio (Open Positions)
Click for Watch List
Click for Closed Positions
Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.
Tell your Friends about the Green Line, and Help Animals
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QUESTION: Mark writes “Hello, new subscriber here. Your system looks great, I love the lack of complexity.
Wondering if you ever are okay with people buying the day or two before a complete signal, if it’s looking very likely the signal will be met? I see that it looks like when the signal is greenlighted it’s often perhaps too late to get in. Thank you.”
ANSWER: Yes, sometimes the Strongest Investments never Close in the Green Zone, and bounce back up again. It is OK for you to Buy early and break the Rules, but only if you put in a real Sell Stop Loss below your Buy Price. Many subscribers use the 60-min Chart Signals (see Triple Buy Signal on FAQ Page) to jump the gun.
Good trading, and tell your friends!