Market-2

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 ****

June 11, 2023

Green Line Weekly Jun 11, 2023

F&G Index — **Greed is High, so Smart Money will be taking profits and Raising CASH.**

6/11/2023 Markets were slightly higher for the week as the FEAR has gone, and there has been panic Buying in some stocks. FOMO (Fear of Missing Out) has taken over and Greed has returned. We like to Buy on FEAR (like in March), and take profits on GREED. Currently the CNN Fear & Greed Index, the Greed Index (SVXY), and the Fear Index (VIX) are all telling Smart Money to take profits and Raise CASH.

The Herd is hoping that the FED will stop Tightening at their meeting on Wed 14th, but the Markets have become emotionally over bought from the panic Buying (Fear Index VIX < $14 + the Leaders are Way Above the Green Lines). Smart Money is Raising CASH and will Buy on the next FEAR Flush like in March, and then Smart Money will Buy again, on FEAR.

If you continue to Follow the Green Line System, your Money 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.

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For the week the Dow was up 0.35%, the S&P 500 was up 0.46% and the NASDAQ 100 was down -0.40%. 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 0.33% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 0.07% for the week, and are Below the Green Line, indicating Economic Expansion.

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

Crude Oil was down 2.19% for the week at $70.71 and GOLD was up 0.39% at $1977.20.

SEE SUPPLEMENTAL CHARTS

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Completed Trades this week:

CEMEX SA CX Target Hit at $6.75 for an 8.3 % Gain.
DRAFTKINGS INC. DKNG Target was Hit at $25.50 for a 4.4% Gain.
MEXICO FUND EWW Target was Hit at $62.50 for a 2.1% Gain.
SHOPIFY INC. SHOP Target was Hit at $64 for an 8% Gain.
VIPSHOP HOLDINGS VIPS Target was Hit at $17 for a 6.2% Gain.

SEE SUPPLEMENTAL CHARTS

We are now doing micro Day Trades on our new Discord site (free). Please join for mobile notifications during the day. Other methods of notification have been too Slow. Also, please check our our Live Streaming on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

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MONEY BUYS SOON:

We are in now in 7 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!

LONG TERM INVESTMENTS:

Long Term Scrolling Charts (Real Time)

CROX CROCS INC. Up 5.6% on the Weekly Money Wave Buy Signal, but Volume was not High.

EDU ORIENTAL EDUCATION GROUP Buy above $46.63 with High Volume with a 3% Trailing Sell Stop Loss below it.

HIMS HIMS & HERS HEALTH Wait for Weekly Money Wave Close > 20 with High Volume.

PINS PINTEREST INC. Buy above $29.27 with High Volume with a 3% Trailing Sell Stop Loss below it.

SH INVERSE S&P 500 FUND Buy above $17.71 with High Volume with a 3% Trailing Sell Stop Loss below it.

STLD STEEL DYNAMICS INC. Buy above $102.79 with High Volume with a 3% Trailing Sell Stop Loss below it.

STNE STONECO LTD. Buy above $15.01 with High Volume with a 3% Trailing Sell Stop Loss below it.

TAL TAL EDUCATION GROUP Buy above $10.45 with High Volume with a 3% Trailing Sell Stop Loss below it.

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My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts

Click for Watch Lists
Click for Current Positions
Click for Closed Positions

Updated Top 100 List Jun 1, 2023
Dividend Growth Portfolio
Updated ETF Sector Rotation System
Dogs of the DOW System
Long Term Strategy for IRAs & 401k Plans
CNN Fear & Greed Index
Scrolling Stage Chart Investing Charts

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.

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QUESTION: Peter W. writes “When you say the RSI should be “ABOVE 90 R S “. 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 (StockChart’s SCTR):

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

– CROX

June 4, 2023

Green Line Weekly Jun 4, 2023

WLSH Chart — **Much of the Stock Market rally since Feb high has been in 10 Large Stocks.**

6/4/2023 Markets were higher for the week, as the FEAR has gone, and FOMO (Fear of Missing Out) and Greed have returned. We like to Buy on FEAR, and take profits on GREED. Currently the Greed Index (SVXY) is very high, and the Fear Index (VIX) is the lowest since Nov. 2021.

Many Investors are also expecting the FED to stop Tightening (raising short term Interest Rates). The Markets are going up and discounting the Good News of no more FED Tightening.

Stock Markets are frustrating now, because new money does not seem to be coming into the Markets, just rotating out of Small Caps and into the very largest Stocks. The broad Wilshire 5000 stock Index is only up +0.1% since the last Feb 2 Market High. Then it dropped 9% as Smart Money sold on extreme Greed levels. Since the Feb high, the Small Caps (IWM) are down -8.3%, NYSE ($NYA) -5.4%, DOW 30 (DIA) 0.0%, S&P 500 (SPY) +2.7%, NASDAQ 100 (QQQ) surged up +13.2%.

Historically when the Market advance is narrow like now, the rally will stall out. So if your investment account value is not higher than the Fed high, you should probably Raise some Cash and then Buy again on the next FEAR Flush (stay in sync with the emotional cycles).

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For the week the Dow was up 2.19%, the S&P 500 was up 1.88% and the NASDAQ 100 was up 1.79%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Securities here.

The Inflation Index (CRB) was down 0.39% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 1.16% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.18% for the week and is Above the Green Line.

Crude Oil was down 1.28% for the week at $77.74 and GOLD was up 1.30% at $1969.60.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts, and DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 7 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 INVESTMENTS:

Long Term Scrolling Charts (Real Time)

CROX CROCS INC. Wait for Weekly Money Wave Close > 20 with High Volume.

EDU ORIENTAL EDUCATION GROUP Buy above $46.63 with High Volume with a 3% Trailing Sell Stop Loss below it.

HIMS HIMS & HERS HEALTH Wait for Weekly Money Wave Close > 20 with High Volume.

PINS PINTEREST INC. Buy above $29.27 with High Volume with a 3% Trailing Sell Stop Loss below it.

SH INVERSE S&P 500 FUND Buy above $17.71 with High Volume with a 3% Trailing Sell Stop Loss below it.

STLD STEEL DYNAMICS INC. Buy above $105.85 with High Volume with a 3% Trailing Sell Stop Loss below it.

STNE STONECO LTD. Buy above $15.01 with High Volume with a 3% Trailing Sell Stop Loss below it.

TAL TAL EDUCATION GROUP Buy above $10.45 with High Volume with a 3% Trailing Sell Stop Loss below it.

__________________________________________________________________________________________

My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts

Click for Watch Lists
Click for Current Positions
Click for Closed Positions

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: Peter writes “I am confused on this. Money Wave > 50. Don’t Take a Loss! What does that mean??”

ANSWER: Hi Peter, If the Money Wave is above 50, and the Investment is not popping up well, something could be wrong.

So Get Out before you lose money. There will be plenty more to Buy soon. Let’s keep our probabilities high.

Good trading and tell your friends!

ATGL

– CROX

May 28, 2023

Green Line Weekly May 28, 2023

QQQ Chart — **The NASDAQ 100 (QQQ) is still in the 14 year Bull Market since 2009.**

5/28/2023 Markets were mostly higher this week, as the Big Tech & Semiconductor surged up on Earnings. Investors are betting that the Debt Ceiling will be raised this week, which would allow Congress to borrow more money (max out the credit card).

Many Investors are also expecting the FED to stop Tightening (raising short term Interest Rates). The Markets are going up and discounting the Good News of no more FED Tightening.

The S&P 500 was able to Close above Resistance of 4195, but did not surge higher. The NASDAQ 100 Fund (QQQ) in chart above needs to make a higher high for the 14 year Bull Market to continue.

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Long Term Trades Completed this week:

FLEX FLEX LTD. Target was Hit at $25 for an 8.6 % Gain.

GERN GERON CORP. Target was Hit at $3.30 for a 30.4 % Gain.

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For the week the Dow was down 1.00%, the S&P 500 was up 0.33% and the NASDAQ 100 was up 3.53%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Securities here.

The Inflation Index (CRB) was down 0.56% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 0.01% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 1.03% for the week and is Above the Green Line.

Crude Oil was up 1.37% for the week at $72.67 and GOLD was down 1.88% at $1944.30.

SEE SUPPLEMENTAL CHARTS

We are now doing micro Day Trades on our new Discord site (free), and now have 249 members. Please join for mobile notifications during the day. Other methods of notification have been too Slow. Also, please check our our Live Streaming on YouTube during Market hours.