Market-2

4/2/2023 Markets were sharply higher for the week as long term Interest Rates have been dropping. The massive FED Tightening has caused Inflation and the Economy to slow down. The Big Techs love the falling Interest Rates and the NASDAQ 100 was up another 3.2 % for the week, but is now over bought (see chart).,

Many are hoping that the FED has finished Tightening, and later the Economy will pick up speed. But historically the FED over Tightens and causes a slow down.

The Media created FEAR and Selling by the HERD over the bank failures, but quickly the HERD has forgotten that. Now the HERD thinks all is fixed, as the Media has stopped scaring investors. GREED and FOMO were back this week with almost panic Buying. Now the Markets are over bought again, so the Media should start scaring the HERD about Economic weakness soon.

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 3.20%, the S&P 500 was up 3.45% and the NASDAQ 100 was up 3.23%. Most of the major Indices have a Relative Strength below 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was up 3.57% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 0.45% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.56% for the week and is Below the Green Line. 

Crude Oil was up 9.25% for the week at $75.67 and GOLD was up 0.12% at $1986.20.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  and Live Streaming.

DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

We have now doing micro 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 during Market hours.

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MONEY BUYS SOON:

We are in now in 7 logged Swing Trading Positions for the Short & Medium Term. There is 1 investment on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

CAH      CARDINAL HEALTH       Moved up 8% this week on Money Wave Buy Signal, but Volume was not high. 

CHWY      CHEWY INC.      Buy above $52.88 with High Volume with a 3% Trailing Sell Stop Loss below it.     

FLEX      FLEX LTD.       Moved up 10% this week on Money Wave Buy Signal, but Volume was not high. 

GILD      GILEON SCIENCES INC.       Moved up 3.7% this week on Money Wave Buy Signal, but Volume was not high. 

SH      INVERSE S&P 500 FUND       Buy above $17.71 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.   

TJX       TJX COS.       Moved up 4.7% this week on Money Wave Buy Signal, but Volume was not high. 

XOM      EXXON MOBIL CORP.      Moved up 6% this week on Money Wave Buy Signal, but Volume was not high. 

YPF      YPF SOCIEDAD (ENERGY)      Moved up 14% this week on Money Wave Buy Signal, with High Volume. 

__________________________________________________________________________________________

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 Apr 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.

________________________________________________________________________________

4 Ways to Get your Daily Money Wave Email Alert:

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

Thank you,

ATGL

Related Post

– CAH

3/19/2023 Markets were mixed to higher for the week after 2 Bank failures created hope that the FED will only Tighten 1/4 point or less on short term Interest Rates on Wednesday. The Big Techs loved the falling short Term Rates and the NASDAQ 100 was up 5 % for the week.

Crude Oil dumped 12% and Commodities were down as the Economy has weakened. The FEAR was High now, and that is when we like to Buy. Investments that are still above the 50-day average after this week should pop up nicely after the FEAR Flushed is over by the Media. See Watch Lists.

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..

______________________________________________________________________________________________

For the week the Dow was down 0.12%, the S&P 500 was up 1.44% and the NASDAQ 100 was up 5.83%. Most of the major Indices have a Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was down 3.90% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 1.19% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.76% for the week and is Below the Green Line. 

Crude Oil was down 12.72% for the week at $66.93 and GOLD was up 5.69% at $1973.50.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  and Live Streaming.

DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

We have not had many intra-day Trade Alert signals lately as the Volume has been too Low with the Buy Signals (FED is still tightening). These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies. Please check our our Live Streaming during Market hours.

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON:

We are in now in 8 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 INVESTMENTS:  (It is still hard to find many Long Term now because most normal  Investments no longer have 80 Relative Strength required.)

Long Term Scrolling Charts (Real Time)        

CHWY      CHEWY INC.      Buy above $52.88 with High Volume with a 3% Trailing Sell Stop Loss below it.     

FLEX      FLEX LTD.      Wait for Weekly Money Wave Close > 20 with High Volume.     

GERN      GERON CORP.      Bought on Mar 17 Weekly Buy Signal. Target $3.45. EXIT on Close below the Green Line.

GILD      GILEON SCIENCES INC.      Wait for Weekly Money Wave Close > 20 with High Volume.   

SH      INVERSE S&P 500 FUND       Buy above $17.71 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 5% Trailing Sell Stop Loss below it.   

TJX       TJX COS.      Wait for Weekly Money Wave Close > 20 with High Volume.   

______________________________________________________________________________________________________

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 Mar 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 Low (GREEN). 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.

________________________________________________________________________________

Related Post

– CHWY

3/12/2023 Markets were sharply lower for the week after a Bank failure and FED talk about Tightening maybe 1/2 point more on short term Interest Rates. The FEAR is High now, and that is when we like to Buy. Investments that are still above the 50-day average after this week should pop up nicely after the FEAR Flushed is over by the Media. See Watch Lists.

The major Stock Indices went down Below the Green Lines lthis week, but are now very over sold. 

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..

______________________________________________________________________________________________

For the week the Dow was down 4.33%, the S&P 500 was down 4.52% and the NASDAQ 100 was down 3.71%. None of the major Indices have a Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was down 3.66% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 3.63% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.32% for the week and is Above the Green Line. 

Crude Oil was down 3.77% for the week at $6.68 and GOLD was up 0.68% at $1867.20.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  and Live Streaming.

DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

We have not had many intra-day Trade Alert signals lately as the Volume has been too Low with the Buy Signals (FED is still tightening). These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies. Please check our our Live Streaming during Market hours.

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON:

We are in now in 5 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:  (It is still hard to find many Long Term now because most normal  Investments no longer have 80 Relative Strength required.)

Long Term Scrolling Charts (Real Time)        

CHWY      CHEWY INC.      Buy above $52.88 with High Volume with a 3% Trailing Sell Stop Loss below it.     

COP      CONOCO PHILLIPS      Wait for Weekly Money Wave Close > 20 with High Volume.       

GEO      GEO GROUP INC. (Real Estate)      Wait for Weekly Money Wave Close > 20 with High Volume.   

GERN      GERON CORP.      Wait for Weekly Money Wave Close > 20 with High Volume.     

GILD      GILEON SCIENCES INC.      Wait for Weekly Money Wave Close > 20 with High Volume.   

SH      INVERSE S&P 500 FUND       Buy above $17.71 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 5% Trailing Sell Stop Loss below it.   

TJX       TJX COS.      Wait for Weekly Money Wave Close > 20 with High Volume.   

______________________________________________________________________________________________________

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 Mar 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 Low (GREEN). 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:  John C. writes “Hi. I have been using your methods with quite good success over the past year, but lately I have been wondering something.  Sometimes you post a daily chart for a company, but other times you post a weekly chart.  For swing/momentum trading, which chart is best to go by, because looking at both, side to side, the Money Waves are quite different.

Many thanks, John C.

ANSWER:  Hi John. The Green Line System is based on Buying the Leaders in the Green Zone, and taking Profits in the Red Zone.
The Daily Chart cycle (Green Zone to Red Zone) usually takes 1-3 weeks and the Weekly Chart takes 1-3 months.  If you Buy the Weekly, don’t look at the Daily, as the Daily will cycle thru many times and be confusing. Pick only one Time Frame, and stick with it.

Many will use a shorter term Time Frame for ENTRY only, then go back to your Main Chart decision.

Thanks for writing.

ATGL

Related Post

– CHWY

Finally the strong momentum stocks that we follow are now Leading the Markets up again, instead of the temporary buying of the weak “bottom fishing” and massive Short Covering stocks that were trashed from the end of last year’s Tax Loss Selling. Our Bottom Fishing List (Above) had an unbelievable 42 % average pop, from the Jan 2, 2023  low.

3/5/2023 Markets were higher for the week after long term Interest Rates finally ended a one month rise. So far Treasury Bond prices have been coming down very slowly, which could indicate that long term Interest Rates will not go as high as they did in October (4.42%).  

The major Stock Indices went down Below the Green Lines last week and were over sold. Now the major Indices are back Above the Green Lines. Markets might have finished Correcting the very over bought condition from panic buying in January on FOMO (Fear of Missing Out & Greed).

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..

Swing Trade Targets that were Hit this week:

IVERIC BIO (ISEE)      Target Hit at $24 for a 15.9 % Gain.  Not Logged.
LAS VEGAS SANDS (LVS)      Target Hit at $60 for a 5.6 % Gain.  Not Logged.
FIRST SOLAR INC. (FSLR)      Target Hit at $180 for an 8.2 % Gain.   Not Logged.
INVERSE T-BOND FUND (TBT)      Target Hit at $32.25 for a 13.9 % Gain.

______________________________________________________________________________________________________________________________________________

For the week the Dow was up 1.86%, the S&P 500 was up 1.97% and the NASDAQ 100 was up 2.68%. None of the major Indices have a Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was up 2.96% for the week and is Above the Green Line, indicating Economic Expansion.

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

The US DOLLAR was down 0.64% for the week and is Above the Green Line. 

Crude Oil was up 4.40% for the week at $79.68 and GOLD was up 2.06% at $1854.60.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  and Live Streaming.

DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

We have not had many intra-day Trade Alert signals lately as the Volume has been too Low with the Buy Signals (FED is still tightening). These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies. Please check our our Live Streaming during Market hours.

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON:

We are in now in 6 logged Swing Trading Positions for the Short & Medium Term. There are 2 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM INVESTMENTS:  (It is still hard to find many Long Term now because most normal  Investments no longer have 80 Relative Strength required.)

Long Term Scrolling Charts (Real Time)        

CHWY      CHEWY INC.      Buy above $52.88 with High Volume with a 3% Trailing Sell Stop Loss below it.     

COP      CONOCO PHILLIPS      Wait for Weekly Money Wave Close > 20 with High Volume.       

GEO      GEO GROUP INC. (Real Estate)      Wait for Weekly Money Wave Close > 20 with High Volume.    

SH      INVERSE S&P 500 FUND       Buy above $17.71 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 5% 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

Updated Top 100 List Mar 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.

________________________________________________________________________________

4 Ways to Get your Daily Money Wave Email Alert:

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

Thank you,

ATGL

Related Post

– CHWY