Market-2

2/26/2023 Markets were lower for the week after long term Interest Rates continued to rise. But 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%).  

Many of the major Stock Indices are back Below the Green Lines, but are now over sold on the daily charts. Markets were very over bought from panic buying stage 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..

______________________________________________________________________________________________________________________________________________

For the week the Dow was down 3.01%, the S&P 500 was down 2.67% and the NASDAQ 100 was down 3.09%. 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 0.16% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 1.38% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 1.33% for the week and is Above the Green Line. 

Crude Oil was down 0.30% for the week at $76.32 and GOLD was down 1.79% at $1817.10.

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 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:  (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. 

GIS      GENERAL MILLS INC.      Weekly Money Wave Buy Signal was good for a 5% pop this week.     

HRB      H&R BLOCK INC.      HRB was Stopped Out below the Buy Price of $38.66 for a 17 cent loss. 

SH      INVERSE S&P 500 FUND         Wait for Weekly Money Wave Close > 20 with High Volume.   

TAL      TAL EDUCATION GROUP    Buy above $10.45 with High Volume with a 5% Trailing Sell Stop Loss below it. 

TWNK      HOSTESS BRANDS        Popped up above $23.49 this week for an 8.66% Gain.

______________________________________________________________________________________________________

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 Feb 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.

________________________________________________________________________________

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. 

Good trading and tell your friends!

 

Related Post

– CHWY

2/19/2023 Markets were mixed after dropping from the highs when long term Interest Rates rose. Treasury Bond prices rolled over on higher Inflation news. But so far the long term Interest Rates are going up very slowly to retest the  high of 4.42%.  

The major Stock Indices are all back Above the Green Lines, but are still over bought on the weekly chart. Markets reached a panic buying stage 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..

______________________________________________________________________________________________________________________________________________

For the week the Dow was up 0.03%, the S&P 500 was down 0.28% and the NASDAQ 100 was up 0.49%. Most of the major Indices do not have Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was down 1.87% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 0.98% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.24% for the week and is Below the Green Line. 

Crude Oil was down 3.98% for the week at $76.55 and GOLD was down 1.30% at $1850.20.

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 6 logged Swing Trading Positions for the Short & Medium Term. There are 3 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. 

GIS      GENERAL MILLS INC.      Wait for Weekly Money Wave Close > 20 with High Volume.      

SH      INVERSE S&P 500 FUND         Wait for Weekly Money Wave Close > 20 with High Volume.   

TAL      TAL EDUCATION GROUP    Buy above $10.45 with High Volume with a 5% Trailing Sell Stop Loss below it. 

TWNK      HOSTESS BRANDS        Buy above $23.49 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

Updated Top 100 List Feb 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.

________________________________________________________________________________

QUESTION:  CDS writes “Are you moving from Trailing % Stops $ Stops on some of these holdings?  Clarification please?

ANSWER:  We have been missing many Money Wave Buys that ended up being 5-10% higher on the Close. So lately we have been placing specific Target Prices on trades to Capture the Gains.

Please monitor the WATCH LIST and CURRENT POSITIONS pages before making a trade, as they are constantly updated during the day.

Related Post

– CHWY

2/12/2023 Markets were lower for the week as Treasury Bond prices rolled over, which caused  long term Interest Rates to rise. Long term Interest Rates have dropped steadily from the November high of 4.42% down towards the Green Line of 3.41% (18% drop), but the upward momentum is pushing rates higher again. We bought the Inverse T-Bond Fund (TBT) as it should go up again with higher long term Interest Rates. Maybe the massive spending by Congress ($1.7 TRILION recently) is the new “sugar high”, and Steel and Copper have been strong recently.

The major Stock Indices are all back Above the Green Lines, but became very over bought for the short term (CNN Fear & Greed Index hit 76). Markets reached a panic buying stage 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..

______________________________________________________________________________________________________________________________________________

For the week the Dow was down 0.07%, the S&P 500 was down 1.05% and the NASDAQ 100 was down 2.12%. Most of the major Indices do not have Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was up 2.43% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 3.10% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.78% for the week and is Above the Green Line. 

Crude Oil was up 8.63% for the week at $79.72 and GOLD was down 0.11% at $18.74.50.

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 5 logged Swing Trading Positions for the Short & Medium Term. There are 7 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.

GIS      GENERAL MILLS 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.     

TBT       INVERSE T-BOND FUND (2X)      Bought above $28.98. Target is $32.50. EXIT if it is going to Close below the Green Line of $27.29.

TWNK      HOSTESS BRANDS        Buy above $23.49 with High Volume with a 3% Trailing Sell Stop Loss below it.

VIPS        VIPSHOP HOLDINGS      Buy on the next Daily Money Wave Buy Signal. 

______________________________________________________________________________________________________

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 Feb 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 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. 

Related Post

– GIS

2/5/2023 Markets were higher for the week as all of the major Indices Closed above the one year down trend lines. This normally will mean higher prices ahead, but the weekly S&P 500 chart above is up in the Red Zone (probably too late to Buy for the short term). So be cautious buying now. The FED raised short term Interest Rates by only 1/4 point and the Markets seem to be overly excited about that (CNN Fear & Greed Index).

Long term Interest Rates have dropped 18 % from the October high of 4.42% down to 3.6% with a peak in Inflation. But there is still a high probability that the Inverse Bond Fund (TBT) will go up once more (meaning higher long term Interest Rates for a while). Maybe the massive spending by Congress ($1.7 TRILION recently) is the new “sugar high” as Steel and Gold made new highs for the week.

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 0.19%, the S&P 500 was up 1.64% and the NASDAQ 100 was up 3.35%. Most of the major Indices do not have Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was down 4.13% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 0.25% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 1.02% for the week and is Below the Green Line. 

Crude Oil was down 7.89% for the week at $73.39 and GOLD was down 2.74% at $18.76.60.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  

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. These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies.

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON:

We are in now in 5 logged Current 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)        

GIS      GENERAL MILLS INC.      Wait for Weekly Money Wave Close > 20 with High Volume.

HRB      H&R BLOCK INC.      Bought this week above $38.66. Target is $43. EXIT if is Closes below $37.63.

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

TBT       INVERSE T-BOND FUND (2X)      Buy above $28.98 with High Volume with a 3% Trailing Sell Stop Loss below it.

TWNK      HOSTESS BRANDS        Buy above $23.49 with High Volume with a 3% Trailing Sell Stop Loss below it.

VIPS        VIPSHOP HOLDINGS      Buy on the next Daily Money Wave Buy Signal. (Recent pop had low 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 Feb 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 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.

________________________________________________________________________________

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

– GIS

1/29/2023 Markets were higher for the week as the S&P 500 and Small Cap Indices were able to join the DOW 30 and close back Above the Green Line. Now the S&P 500 has Resistance at 4101 to get thru for more upside. It looks like the FED will raise short term Interest Rates by only 1/4 point this time, so the Markets seem to be excited about that. 

But long term Interest Rates have dropped 18 % from the October high of 4.42% down to 3.6% with a peak in Inflation. There is still a high probability that the Inverse Bond Fund (TBT) will go up once more (meaning higher long term Interest Rates for a while). Maybe the massive spending by Congress ($1.7 TRILION recently) is the new “sugar high” as Steel and Gold made new highs for the week.

Many of the weak stocks (AMC LCID MARA RBLX TARK TSLA TSLL) that made 52 week lows in December have had big Short Covering bounces, but they should eventually go back down and retest the Lows. 

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 up 1.78%, the S&P 500 was up 2.48% and the NASDAQ 100 was up 4.80%. Most of the major Indices do not have Relative Strength above 80, so you should currently own the stronger Securities here. 

The Inflation Index (CRB) was down 0.28% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 0.48% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.06% for the week and is Below the Green Line. 

Crude Oil was down 2.40% for the week at $79.68 and GOLD was up 0.06% at $1929.40.

SEE SUPPLEMENTAL CHARTS

More action this week on the Day Trading Scrolling Charts.  

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. These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies.

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON:

We are in now in 5 logged Current 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)        

GIS      GENERAL MILLS INC.      Wait for Weekly Money Wave Close > 20 with High Volume.

HRB      H&R BLOCK INC.      Buy above $38.66 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.

TWNK      HOSTESS BRANDS        Buy above $23.49 with High Volume with a 3% Trailing Sell Stop Loss below it.

VIPS        VIPSHOP HOLDINGS      Buy on the next Daily Money Wave Buy Signal. (Recent pop had low 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 Jan 2, 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 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: Jackie writes “Been reading your informative articles and FAQs.  Is there a way I can enter a stock such as BA or an ETF symbols and see them shown as AGL chart with red/green zones, MAs, sector ranking, Green Line etc?”

ANSWER:  Yes. Near the bottom of each Daily email, look for: ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?

Please Click on the link (To make the Chart larger, please change the SIZE to Landscape and then Update.) 

Good trading and tell your friends!

Related Post

– HRB