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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 ****

Green Line Weekly Apr 14, 2024

SPY chart
The S&P 500 Index should bounce up soon off the Red Line (50-day avg.) $SPY
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

4/14/2024  Markets were lower again for the week on more Inflation worries. FEAR has picked up, as Gold and Silver made fresh new highs with the Economy growing from massive Gov’t. Spending. We like to BUY on FEAR.

The S&P 500 and NASDAQ 100 Indices are holding above the Red Line (50-day avgs.) and would normally bounce up here and retest the recent highs. Bonds are over sold and should bounce soon. Try to trim your holdings to investments that are still above the 50-day averages. Many investors are getting Stuck in securities that have fallen below the Red Lines.

We Buy the strongest Leaders on pull-backs. Some have pulled back on the Long Term List below. We like to Buy on Bad News like in late October, and take profits on Good News (like in late March).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA. 
______________________________________________________________________________

For the week the Dow was down 2.31%, the S&P 500 was down 1.46% and the NASDAQ 100 was down 0.50%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here. 

The Inflation Index (CRB) was up 0.10% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 1.20% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 1.87% for the week and is Above the Green Line. 

Crude Oil was down 1.44% for the week at $85.66 and GOLD was up 1.22% at $2374.10, a new high.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 3 Three Star logged Swing Trading 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!

______________________________________________________________________________

LONG TERM WATCH LIST

ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

PANW      PALO ALTO NETWORKS      Bought on the Close Friday at $279.07. Target $370 and Stop on Close below the Green  Line of $265.79.

______________________________________________________________________________

Important Links
Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

Alert! Market Risk is Medium (YELLOW). 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.

______________________________________________________________________________

QUESTION: Steve V. writes “Do you do both long and short positions or does someone just invert the rules in a down market?”

ANSWER:  Yes, invert the Rules to Sell Short (Below G L, Below 10 R S, Dropping below 80 on Money Wave).

We will wait until the Market is in a Bear (below the Green Line), and not Short the next Correction back down to G L.

Once the Market is BEAR, we will manly do Inverse Funds, as most don’t understand Shorting, and cannot in Retirement accounts…

The Leaders should have nice pops up if they hold above the G L after the Correction, and we don’t like to Sail into the Wind (FED).

Good trading and tell your friends!

ATGL

Related Post

– Green Line Weekly Apr 7, 2024.

Green Line Weekly Apr 7, 2024.

Gold Chart
$GOLD made a new all time High this week on Inflation Fears.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

4/7/2024  Markets were lower for the week on normal profit taking and more Inflation worries. Gold and Silver made fresh new highs as the Economy is still growing from massive Gov’t. Spending.

Semiconductors & Tech Stocks are now struggling to exceed the recent highs, as Bonds have dropped on Inflation Fears (creating higher Interest Rates). Buying Volume has been very low, which warns Smart Money that the Stock Indices are over-bought and stretched Way Above the Green Lines on FOMO (Fear of Missing Out).

Eventually the S&P 500 Index will have a “double top” up here, and the Indices will meet again the Green Lines. So we are happy to earn 5% in a Money Fund and Buy again on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. Some have pulled back on the Long Term List below. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA. 
______________________________________________________________________________

For the week the Dow was down 2.24%, the S&P 500 was down 0.89% and the NASDAQ 100 was down 0.80%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here. 

The Inflation Index (CRB) was up 2.51% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 3.09% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.40% for the week and is Above the Green Line. 

Crude Oil was up 4.50% for the week at $86.91 and GOLD was up 4.78% at $2346.40, a new high.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 4 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

PBR      PETROBRAS ENERGY      Bought on the Close Friday at $15.49. Target $17.75 and Stop on Close below the Green  Line of $14.34

______________________________________________________________________________

Important Links
Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

Alert! Market Risk is High (RED). 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.

______________________________________________________________________________

5 Ways to Get your Daily Money Wave Email & Trade Alerts:

    • Emailed to your box between 3:45 – 3:50 pm EST.
    • Website menu Commentary/Buy/Sell Signals
    • Discord Chat. and X (Twitter) @AboveGreenLine  are the fastest for Alerts (please set up “mobile notifications”)
    • Text messages: Email us your Cell number & phone carrier.

Thank you,

ATGL

Related Post

– Green Line Weekly Mar 31, 2024

Green Line Weekly Mar 31, 2024

Value chart
The Green Line is a good indicator of the Non-Emotional Value of Investments.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

3/31/2024  Markets were mixed for the week as the Semiconductors & Tech Stocks are having trouble going back up to the recent highs. The S&P 500 and NYSE Indices were able to go back up and make higher highs. Now the Semiconductors & Tech Stocks need to make higher highs to confirm the S&P 500 & NYSE Highs.

The 1st Quarter ended and the major Stock Indices were up 9-10 %, so that might be hard to achieve again this 2nd Quarter. The Stock Indices are still stretched Way Above the Green Lines on FOMO (Fear of Missing Out). When the S&P 500 Index finally has a “double top”, we will raise CASH, as we know from history that the Indices will meet again the Green Lines  on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA. 
______________________________________________________________________________

For the week the Dow was up 0.82%, the S&P 500 was up 0.39% and the NASDAQ 100 was down 0.53%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here. 

The Inflation Index (CRB) was up 1.59% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 0.68% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.30% for the week and is Above the Green Line. 

Crude Oil was up 0.06% for the week at $80.63 and GOLD was up 3.63% at $2238.40, a new high.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 6 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

______________________________________________________________________________

Important Links
Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

Alert! Market Risk is High (RED). 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.

______________________________________________________________________________

QUESTION: Peter W. writes “When you say the RSI should be “ABOVE 90 RS “.  I look at your chart and it shows  SCTR 90,  not RSI.  Please clarify.

ANSWER:   Hi Peter. We don’t use RSI, which is a technical oscillator.  We use Relative Strength compared to the Market:

Q: Where do I find the Relative Strength Factor in StockCharts.com so I can add it to my charts?

A: Relative Strength Values comes from the SCTR Rank (StockCharts Technical Rank), www.etfscreen.com for ETFs , and Investor’s Business Daily (IBD) for stocks. We prefer the longer term weighting used by www.etfscreen.com and IBD.  We sometimes use a 155-day avg. of StockCharts SCTR, which is at the bottom left of many charts (just below the SCTR Rank) to simulate R S closer to the longer term ranking of IBD ranking.

Good trading, and tell your friends!

ATGL

Related Post

– Green Line Weekly Mar 24, 2024

Green Line Weekly Mar 24, 2024

Small chart
Small Retail investors are ALL in on this stock rally.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

3/24/2024  Markets were higher for the week as the Semiconductors & stronger Tech Stocks popped back up on Money Wave Buy Signals. Some of the Indices were able to go back up and make higher highs. Now the Semiconductors & Tech Stocks need to make higher highs to confirm the S&P 500 & NASDAQ 100 Highs.

Longer term, the Stock Indices are still stretched Way Above the Green Lines on FOMO (Fear of Missing Out). After the next bounce up, we will raise CASH, as we know from history that the Indices will meet again the Green Lines  on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA. 
______________________________________________________________________________

TRADES COMPLETED THIS WEEK:

CVNA      CARVANA CO.      Target wat Hit at $87 for a 9.3% Gain.
FUSN      FUSION PHARMA.      Target was Hit at $20.97 for 110% Gain.
TRIP      TRIPADVISOR      Target was Hit at $28 for a 2.3% Gain
______________________________________________________________________________

For the week the Dow was up 1.95%, the S&P 500 was up 2.23% and the NASDAQ 100 was up 3.01%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here. 

The Inflation Index (CRB) was up 0.40% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 1.12% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 1.08% for the week and is Above the Green Line. 

Crude Oil was up 0.06% for the week at $80.63 and GOLD was down 0.07% at $2160.00.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 4 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

LYFT     LYFT INC.     was bought on Wednesday above $18.36 for a 9% Pop, but the Volume was not High (2 Star trade).  Target $30.00. Stop Loss =Don’t Take a Loss!)

______________________________________________________________________________

Important Links
Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

Alert! Market Risk is High (RED). 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.

______________________________________________________________________________

MerryMe writes “Thank you for the Dashboard.  It is nifty. I love being able to scroll through the charts quickly in the morning.”

Related Post

– Green Line Weekly Mar 17, 2024

Green Line Weekly Mar 17, 2024

DBA chart
Agriculture Prices (DBA) were up 5 % this week.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

3/17/2024  Markets were mixed for the week as the Semiconductors & stronger Tech Stocks are finally having some short term corrections. Then the Markets must go back up and make higher high, or they could correct back down to the Red Lines (50-day avgs.) Commodity Prices were higher, and Bonds were lower as Inflation is still sticking around.

Longer term, the Stock Indices are still stretched Way Above the Green Lines on FOMO (Fear of Missing Out). After the next bounce up, we will raise CASH, as we know from history that the Indices will meet again the Green Lines  on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA. 
______________________________________________________________________________

For the week the Dow was down 0.02%, the S&P 500 was down 0.06% and the NASDAQ 100 was down  1.16%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here. 

The Inflation Index (CRB) was up 2.90% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 2.91% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.37% for the week and is Below the Green Line. 

Crude Oil was up 3.29% for the week at $80.58 and GOLD was down 1.10% at $2161.50.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_____________________________________________________________________________________

MONEY BUYS SOON:

We are now in 3 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 6 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

URA      URANIUM FUND was bought on the Close on Friday at $27.89, Target $32.00. Stop Loss below Green Line ($24.93).

______________________________________________________________________________

Important Links
Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

Alert! Market Risk is High (RED). 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.

______________________________________________________________________________

QUESTION:  Jose M writes “Morning, I seem to have difficulties on finding the Money Wave chart on the etfs thanks.”

ANSWER:  The Charts and Money Waves can be pulled up by clicking on the Symbol of the Investment on the  Watch List  or CURRENT POSITIONS links in every Daily email.

The Money Wave is the Red and Green Zone on the bottom part of the Chart. Buy when the Money Wave has gone down into the Green Zone, and then turns up above 20. (See Chart below, and Black Arrow indicates a Buy Signal).