Market-2

 

06/23/2019:  Markets were up for the week, after hopeful news of more FED Printing to stimulate the Economy. The Fed Futures are pointing to an 80% chance of a July Rate cut. 

The News is basically GOOD again, after the Markets bounced up 8 % from last month’s Bad News Low. We like to Buy on Bad News. Please be patient and WAIT for the Indices and Leaders to return to their Green Zones for more Money Wave Buys..

 

For the week the Dow was up 2.41%, the S&P 500 was up 2.20%, and the Nasdaq 100 was up 3.25%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 2.12% and is Below the Green Line, indicating Economic Weakness.

Bonds were down 0.02% for the week and are Way Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 1.37% and Closed below the 50-day avg. Could be a huge Double Top.  from 3 years ago. 

Crude Oil was up 9.37% for the week at $57.43, and GOLD was up 4.14%  at $1400.10.

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COMPLETED TRADES THIS WEEK:

2019-06-04  XLU     Utilities Fund  $58.88  2019-06-20  $61.24  $2.36  4.01%

2019-05-29  MTCH  Match Group  $69.32  2019-06-19  $70.34  $1.02  1.47%

2019-05-22  FB          FaceBook Inc  $185.32  2019-06-18  $188.47  $3.15  1.70%

2019-03-29  PBR      PetroBras       $15.92    2019-06-18  $15.79  -$0.13  -0.82%

2019-05-20  ZIXI       ZIX Corp.        $9.21     2019-06-17  $9.61  $0.40  4.34%

 

MONEY WAVE BUYS SOON:   

We are currently in 4 logged Open 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!

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LONG TERM INVESTMENTS 

Buy the Leading Investments that are down near the weekly Green Zones.   

 

LLY    ELI LILLY & CO.    Buy when it is going to Close above the Red Line of $116.78.      

UAA     UNDER ARMOUR     Wait for a re-test of $24.96 Support.

VMW    VMWARE INC.    Buy when it is going to Close above the Red Line of $182.22.     

XLNX   XILINX INC.      Wait for the next Daily Money Wave Buy Signal. 

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Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). 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:  Stan writes ” Do you ever Sell Investments Short?”

ANSWER: Hi Stan, as long at the major Indices are in up-trends we will not Short, as most Followers don’t understand Selling Short. We will use Inverse Funds when they meet the Green Line Rules.

S&P 500 INVERSE FUND Chart

Related Post

– Green Line Weekly Jun 16, 2019

 

06/16/2019:  Markets were up slightly for the week, after last week’s big 4.5 % bounce off the Green Lines. Later this week the Markets are expecting the FED to talk about the Economy having a period of slower growth, and the Fed Futures are pointing to an 80% chance of a July Rate cut. 

The Volatility Index (VIX) settled down with the major Indices this week, but its closing value of 15.28 is still well above its pre-correction levels, signaling continued uncertainty.

 

For the week the Dow was up 0.41%, the S&P 500 was up 0.47%, and the Nasdaq 100 was up 0.88%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 0.23% and is Below the Green Line, indicating Economic Weakness.

Bonds were down 0.21% for the week and are Way Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 1.04% and is over-bought and almost near a 3 year High. 

Crude Oil was down 2.74% for the week at $52.51, and GOLD was down 0.21%  at $1345.

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COMPLETED TRADES THIS WEEK:

2019-06-05          CGC       Canopy Growth Corp.    $40.83     2019-06-14          $41.18     $0.35      0.86%

2019-06-04          DIS         Walt Disney Co.               $134.82   2019-06-14          $141.65   $6.83      5.07%

2019-05-31          EDU        New Oriental Ed.              $85.65   2019-06-10          $89.44     $3.79      4.42%

2019-06-05          SE           Sea Limited, Inc.               $29.23   2019-06-10          $30.80     $1.57       5.37%

2019-06-04          XLP        Consumer Fund                $56.82   2019-06-10          $58.65      $1.83        3.22%

 

MONEY WAVE BUYS SOON:   

We are currently in 5 logged Open 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!

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LONG TERM INVESTMENTS 

Buy the Leading Investments that are down near the weekly Green Zones.   

CRON   CRONOS GROUP     Wait for the next Daily Money Wave Buy Signal. 

DXCM   DEXCOM INC.    Shot up 17.5% this week on Good News … Taking it off the list.

LLY    ELI LILLY & CO.    Buy when it is going to Close above the Red Line of $117.19.     

NVTA     INVITAE CORP.    Buy when it is going to Close above the Red Line of $19.91.     

VMW    VMWARE INC.    Buy when it is going to Close above the Red Line of $188.44.     

XLNX   XILINX INC.    Buy when it is going to Close above the Red Line of $112.20.   

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Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). 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:  Jerry S. writes “How do I know when to Sell?”

ANSWER:  Hi Jerry.  Please follow the Rules for Selling below based on the Time Frame that you want to be in the Investment:

1. Short Term: Sell when it Closes below the 10-day avg.
2. Medium Term: Sell when it Closes below the 50-day avg.
3. Long Term: Sell when it Closes below the Green Line (250-day avg).

Or Follow the PORTFOLIO   (please click) on your daily emails.

Good trading, and tell your friends!

Related Post

– Green Line Weekly Jun 9, 2019

 

06/09/2019:  Markets were up big for the week, the Indices bounced up near the Green Lines. The down move from the April Highs was probably an A-B-C Correction, and after some backing and filling the Markets could go back up to re-test those Highs.

The FEAR and Bad News now has quickly disappeared… Remember, Smart Money Buys on Bad News and Sells on Good News.

Bonds  see an Economic Slow Down coming, but are Way Above the Green Line (which means that Emotions have caused Buyers to over-react). That means Bonds will probably drop (possibly more FED Printing or Trade Deal?)

For the week the Dow was up 4.85%, the S&P 500 was up 4.41%, and the Nasdaq 100 was up 4.08%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 0.54% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 0.14% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 1.06% after being over-bought and almost near a 3 year High. 

Crude Oil was up 0.92% for the week at $53.99, and GOLD was up 2.67%  at $1311.

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COMPLETED TRADES THIS WEEK:

2019-05-29   PLNT      Planet Fitness    $74.56   2019-06-07          $77.96   $3.40     4.56%

2019-05-30   SBUX     StarBucks Corp. $76.17   2019-06-07          $82.48   $6.31     8.28%

2019-06-03   TSN        Tyson Foods       $78.06   2019-06-07          $82.45   $4.39     5.62%

2019-03-12    CIEN      CIENA Corp.       $39.79   2019-06-06          $45.49   $5.70     14.33%

2019-05-28    BLL         Ball Corp.           $61.20   2019-06-05          $64.45   $3.25      5.31%

 

MONEY WAVE BUYS SOON:   

We are currently in 11 logged Open Positions, for the Short & Medium Term.  There are 0 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

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LONG TERM INVESTMENTS 

Buy the Leading Investments that are down near the weekly Green Zones.   

AES   AES CORP.    Wait for the next Daily Money Wave Buy Signal.   

AU    ANGLOGOLD LTD.     Wait to Buy on a pull back near the Red Line around $12.75.    

CRON   CRONOS GROUP    Wait for a Close above the Red Line of $16.18.   

DXCM   DEXCOM INC.    Buy when it is going to Close above $126.73.     

GRMN   GARMIN LTD.    Wait for a Close above the Red Line of $79.83.   

LLY    ELI LILLY & CO.    Buy when it is going to Close above $119.00.   

QCOM    QUALCOMM INC.    Wait for a Close above the Red Line of $70.50.   

XLNX   XILINX INC.    Wait for a Close above the Red Line of $112.97.   

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Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). 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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4 Ways to Get your Daily Money Wave Alert:

• Emailed to your box between 3:30 3:50 pm EDT.
• Website menu Commentary/Buy/Sell Signals
• Twitter notifications are the fastest and most reliable  @AboveGreenLine
• Text messages: Email us your Cell number & phone carrier.

 

Thank you,

AGL

 

Related Post

– Money Wave Alert! Jun 2, 2019

 

06/02/2019:  Markets were down again for the week, and have dropped 9.76% in the Month of May. Lots of FEAR and Bad News now… just the opposite of the Good News and Earnings at the April Highs. Remember, Smart Money Sells on Good News and Buys on Bad News.

If the Indices can bounce soon near the Green Lines, and this down move is an A-B-C Correction, the Markets could start back up to re-test the April Highs.

Bonds  see an Economic Slow Down coming, but are Way Above the Green Line (which means that Emotions have caused Buyers to over-react). That means Bonds will probably drop (possibly more FED Printing?)

For the week the Dow was down 3.01%, the S&P 500 was down 2.66%, and the Nasdaq 100 was down 2.37%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 1.83% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 3.17% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.27% and is over-bought after almost reaching a 3 year High. 

Crude Oil was down 8.75% for the week at $53.50, and GOLD was up 2.14%  at $13.11.

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MONEY WAVE BUYS SOON:   

We are currently in 9 logged Open Positions, for the Short & Medium Term.  There are 8 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________________________

LONG TERM INVESTMENTS 

Buy the Leading Investments that are down near the weekly Green Zones.   

AES   AES CORP.    Wait for a Close above the Red Line of $16.77.   

AU    ANGLOGOLD LTD.    Big Pop on Friday… up 14 % for the week. Wait to Buy on a pull back near the Red Line.    

CRON   CRONOS GROUP    Wait for a Close above the Red Line of $16.41.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $122.23.   

GLUU   GLU MOBILE, INC.    Wait for a Close above the Red Line of $9.52.   

GRMN   GARMIN LTD.    Wait for a Close above the Red Line of $80.20.   

LLY    ELI LILLY & CO.    Wait for a Close above the Red Line of $118.28.     

XLNX   XILINX INC.    Wait for a Close above the Red Line of $114.57.   

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Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). 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 RSI “.  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!

AGL

Related Post

– Green Line Weekly May 26, 2019

 

05/26/2019:  Markets were down again for the week after failing to hold above the Pink Lines (10-day avgs.). If the Indices can hold above the recent Lows of 2801 soon, we could see a rally back up near the April Highs.

For the week the Dow was down 0.69%, the S&P 500 was down 1.07%, and the Nasdaq 100 was down 2.70%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 1.30% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 1.42% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 0.38% and is over-bought after almost reaching a 3 year High. 

Crude Oil was down 6.82% for the week at $58.63, and GOLD was down 0.62%  at $1283.60.

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MONEY WAVE BUYS SOON:   

We are currently in 4 logged Open 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 

Buy the Leading Investments that are down near the weekly Green Zones.   

AES   AES CORP.    Wait for a Close above the Red Line of $16.91.   

AU    ANGLOGOLD LTD.  Wait for a Close above the Red Line of $12.30.    

CRON   CRONOS GROUP    Wait for a Close above the Red Line of $16.66.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $122.59.   

GLUU   GLU MOBILE, INC.    Wait for a Close above the Red Line of $9.77.   

GRMN   GARMIN LTD.    Wait for a Close above the Red Line of $80.80.   

LLY    ELI LILLY & CO.    Wait for a Close above the Red Line of $118.72.     

XLNX   XILINX INC.    Wait for a Close above the Red Line of $116.53.   

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). 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:  Mike R writes “Please point me to a page with step-by-step instructions for setup.”

ANSWER:  Please follow the WATCH LIST on the Daily emails to see which Investments will have a Buy Signal soon.

Please follow the PORTFOLIO  on the Daily emails to see which Investments have been bought, and the Sell Stop Loss Exit prices.

Please follow the CLOSED POSITIONS  on the Daily emails to see that past results of recent trades.

Most subscribers just follow the “BUYS TODAY” and “SELLS TODAY” sections in the Daily emails, and you will be current with the changes.

Charts are found by clicking on the symbol links and green dots on the pages above.

Good trading, and tell your friends!

Related Post

– Green Line Weekly May 19, 2019