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Above the Green Line © is a Newsletter System of rotating into Investments that generally have more Buyers than Sellers (Above the Green Line, which is Above the 250 day exponential moving average), and the highest Relative Strength (> 90 Relative Strength).

This System is designed to Buy High, and Sell Higher, where we BUY on the DIPS. But Momentum Investing does  require discipline.

We email, text and tweet commentary on a daily and weekly basis. Below are commentaries previously posted.

***** THESE ARE SAMPLE PAGES & ARE NOT CURRENT ****

Tuesday Aug 9, 2016

08/09/2016 Daily Commentary:  Markets look like the S&P 500 is about to complete Wave 5 up, since the bounce off the Green Line in late June.  After Wave 5 is complete, the S&P 500 should drop down to test Support around 2130.

Current Open Positions  We have Closed out all but 2 positions. Nintendo had a 7% pop today. Raise Cash for pull-back soon.

Most Leaders are in the Red Zones. Money Wave Buy soon for SLV. We will email you when it is are ready.

When the Market breadth is narrow like it is now (few new highs), either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Many Funds are having trouble staying Above 90 Relative Strength. None of the major Indices have Above 90 Relative  Strength. Only ETFs of Metals GDXJ, GDX XME, SLV, Semis SMH, and a few Country Funds EWZ, & EWT have good Volume and Above 90 R S.

“Real Time” Charts for Today

Sell-off after Wave 5 up!
Sell-off after Wave 5 up!

Related Post

– Monday Aug 8, 2016

Monday Aug 8, 2016

08/08/2016 Daily Commentary: Nothing to report today…Markets were mixed on lower Volume.  The S&P 500 could be in Wave 5 up, since the bounce off the Green Line in late June.  After Wave 5 is complete, the S&P 500 should drop down to test Support around 2130.

Current Open Positions  We have Closed out all but 2 positions. Most Leaders are in the Red Zones.
Money Wave Buys soon for SLV. We will email you when it is are ready.

When the Market breadth is narrow like it is now (few new highs), either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Many Funds are having trouble staying Above 90 Relative Strength. None of the major Indices have Above 90 Relative  Strength. Only ETFs of Metals GDXJ, GDX XME, SLV, Semis SMH, and a few Country Funds EWZ, & EWT have good Volume and Above 90 R S.

“Real Time” Charts for Today

Waiting to Buy Brazil Fund EWZ near the Red Line.
Waiting to Buy Brazil Fund EWZ near the Red Line.

Related Post

– Weekly Commentary – Markets are preparing for Higher Interest Rates!

Weekly Commentary – Markets are preparing for Higher Interest Rates!

08/06/2016 Weekly Commentary: Markets were up slightly for the week, and Closed strong on better economic news.  Now the Markets are preparing for Higher Interest Rates, as Bonds, Utilities and Real Estate all have weakened (Relative Strength has dropped Below 90).  The FED is running out of excuses the keep manipulating Short Term Interest Rates.

Long Bonds have gone Parabolic, which normally means the TOP, and also the BOTTOM of Interest Rates. Continued strength in Commodities will confirm that.

The S&P 500 was able to exceed Monday’s high, so it did not FAIL. This could be Wave 5 since the bounce off the Green Line in late June.  After Wave 5 is complete, the S&P 500 should drop down to test Support around 2130.

Current Open Positions  We have Closed out all but 2 positions. Most Leaders are in the Red Zones, Wait for Money Wave Buys coming out of the Green Zones. We will email you when they are ready.

When the Market breadth is narrow like it is now (few new highs), either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Many Funds are having trouble staying Above 90 Relative Strength. None of the major Indices have Above 90 Relative  Strength. Only ETFs of Metals GDXJ, GDX XME, SLV, Semis SMH, and a few Country Funds EWZ, & EWT have good Volume and Above 90 R S.

“Real Time” Charts for Today

S&P Elliott Wave Count.
S&P Elliott Wave Count.

Related Post

– Thursday Aug 4, 2016

Thursday Aug 4, 2016

08/04/2016 Daily Commentary: Markets are creeping back up to re-test Monday’s High… FAILING soon  should cause selling. The Strongest Leaders are already back up to re-testing the highs.   The S&P 500 should drop down soon to test Support around 2130.

Current Open Positions  We had Money Wave Buys on Thursday for AMD & TXN, but did not log them because they are still so extended.

When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction. Many Funds are having trouble staying Above 90 Relative Strength.

“Real Time” Charts for Today

S&P might be FAILING here.
S&P might be FAILING here.

Related Post

– Wednesday Aug 3, 2016

Wednesday Aug 3, 2016

08/03/2016 Daily Commentary: Markets rebounded slightly today after finally falling below the Pink Lines (10-day avgs.) The Strongest Leaders are going back up to re-test the highs.   The S&P 500 should drop down soon to test Support around 2130.

Crude Oil popped up today after going into a Money Wave Buy… Oil Stocks are not dropping much, telling us Oil could be bottoming soon.

Curent Open Positions  We AMAT & SID on Wednesday. SID was not logged, as it was already up 8% today.

We are watching AMD NAVI & TXN.  We will email or text you when they are ready.

When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction. Many Funds are having trouble staying Above 90 Relative Strength.

“Real Time” Charts for Today

Still Buyers as long as Interest Rates are LOW.
Still Buyers as long as Interest Rates are LOW.

Related Post

– Tuesday Aug 2, 2016