Market-2

 

05/019/2019:  Markets were down for the week after bouncing off the Lows on Monday. Most of the Indices stalled on Thursday after rallying up to the Pink Lines (10-day avgs.), which is normal. If the Indices can hold above last Monday’s Lows 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 0.78%, and the Nasdaq 100 was down 1.09%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 1.14% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 0.99% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.76% and is over-bought. 

Crude Oil was up 2.04% for the week at $62.92, and GOLD was down 0.91%  at $1276.

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MONEY WAVE BUYS SOON:   

We are currently in 6 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.   

AES   AES CORP.    Wait for a Close above the Red Line of $17.00.   

AU    ANGLOGOLD LTD.  Wait for a Close above the Red Line of $12.44.   

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.     

CRON   CRONOS GROUP    Wait for a Close above the Red Line of $16.93.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $123.64.   

GLUU    GLU MOBILE, INC.    Wait for a Close above the Red Line of $10.04.   

LLY    ELI LILLY & CO.    Wait for a Close above the Red Line of $119.12.     

XLNX    XILINX INC.    Wait for a Close above the Red Line of $119.53.   

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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 May 12, 2019

 

HAPPY MOTHER’S DAY

05/012/2019:  Markets were down for the week as the major Indices stalled at the Sept. Highs (Resistance). Then the Indices dropped and returned back down to the Green Zones for Money Wave Buy Signals soon. This is a perfectly normal pull-back.

For the week the Dow was down 2.12%, the S&P 500 was down 2.02%, and the Nasdaq 100 was down 3.30%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 1.55% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 0.88% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 0.04% and is over-bought. 

Crude Oil was down 0.45% for the week at $61.66, and GOLD was up 0.48%  at $1288.

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MONEY WAVE BUYS SOON:   

We are currently in 4 logged Open Positions, for the Short & Medium Term.  There are 11 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

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LONG TERM TRADES 

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

AES    AES CORP.    Wait for a Close above the Red Line of $17.17.   

AU    ANGLOGOLD LTD.  Wait for a Close above the Red Line of $12.61.   

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.   

BSX   BOSTON SCIENTIFIC    Wait for a Close above the Red Line of $37.41.   

CRON    CRONOS GROUP    Wait for a Close above the Red Line of $17.36.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $124.65.   

KTOS   KRATOS DEFENSE   Blew Out this week up, 19% on Earnings. Wait for next Daily Green Zone Buy Signal.     

LLY    ELI LILLY & CO.    Wait for a Close above the Red Line of $120.66.   

 

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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:  Nancy writes  “I would like to know where the relative strength factor is located on the charts.”

ANSWER:  Hi Nancy, the Relative Strength is usually on the bottom left of each Chart  with a Red Box around it (SCTR is StockCharts Technical Rank).  Sometimes we use data from:

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.

Sometimes look for Big Numbers with circle around them…

Good trading, and tell your friends!

Related Post

– Green Line Weekly May 5, 2019

 

05/05/2019:  Markets were up slightly for the week as the major Indices are back up at the Sept. Highs (Resistance), and many Indices are Way Above the Green Lines.

New Subscribers: please be patient and WAIT for opportunities. The Markets have rallied 25 % up from the Dec. Lows, and all Investments will eventually return to their Green Lines…

For the week the Dow was down 0.14%, the S&P 500 was up 0.21%, and the Nasdaq 100 was up 0.24%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 1.56% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 0.09% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 0.57% and is over-bought. 

Crude Oil was down 2.15% for the week at $61.94, and GOLD was down 0.58%  at $1281.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 6 logged Open 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!

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LONG TERM TRADES 

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

AU    ANGLOGOLD LTD.    Wait for next Daily Green Zone Buy Signal.

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.   

BSX   BOSTON SCIENTIFIC    Wait for a Close above the Red Line of $37.52.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $125.87.   

KTOS   KRATOS DEFENSE   Wait for next Daily Green Zone Buy Signal.     

LLY     ELI LILLY & CO.    Wait for a Close above the Red Line of $121.70.   

MEET   THE MEET GROUP    Try to Buy near the Red Line around $5.40.

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

 

Alert! Market Risk is HIGH (Red 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:   Michael C. writes “Thanks for sharing your methodology on StockCharts. I’ve been having a look and noticed that today’s comment says “Please WAIT for the Leaders to return back down to the Green Zones for Money Wave Buys soon”. 

Does this mean that no Money Wave Buy signals should be taken until the Leaders have returned back to the Green Zones?

ANSWER: Money Wave Buy Signals can be taken at any time, but results are usually better when the Strongest Leaders and the S&P 500 Index are ALSO down in their Green Zones.  (The weakest ones go down to their Green Zones first).

Good trading, and tell your friends!

Related Post

– Green Line Weekly Apr 28, 2019

 

04/28/2019:  Markets were up for the week, as several major companies reported better than expected Earnings. The major Indices are back up at the Sept. Highs (Resistance), and many Indices are Way Above the Green Lines again.

The Markets have quickly rallied 25 % up from the Dec. Lows without much of a pull-back, and many investors are complacent with NO FEAR…

Smart Money Buys on FEAR and Bad News.

For the week the Dow was down 0.06%, the S&P 500 was up 1.17%, and the Nasdaq 100 was up 1.78%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 1.32% and is slightly Below the Green Line, indicating Economic Weakness.

Bonds were up 0.74% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.69% and is over-bought. 

Crude Oil was down 1.20% for the week at $63.30, and GOLD was up 1.00%  at $1289.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 logged Open 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 TRADES 

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

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.   

BSX   BOSTON SCIENTIFIC    Wait for a Close above the Red Line of $37.67.   

CIEN   CIENA CORP.  Wait for a Close above the Red Line of $38.38.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $126.84.   

KTOS   KRATOS DEFENSE  Popped up 3.78% on Friday. Wait for next Daily Green Zone Buy Signal.

MEET   THE MEET GROUP    Popped up 5% on Friday. Wait for next Daily Green Zone Buy Signal.

MRK   MERCK & CO.    Wait for one more cycle down of the 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 HIGH (Red 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:   RUI writes “On the Portfolio page with the current positions, what is the parameter to shift the “legend” to yellow “Don’t take a loss?”

ANSWER:   Hi Rui. Usually after a Money Wave Buy Signal, the Investment should pop 3-5% in a few days. When the Money Wave is > 50 and the Investment is not doing well, then something might be wrong (maybe the Market has not have bottomed).

So for Short Term Trading we suggest getting out Before you take a Loss, and try to get back in Lower.

Good trading, and tell your friends!

Related Post

– Green Line Weekly Apr 21, 2019

 

HAPPY EASTER TO ALL!

04/21/2019:  Markets were mixed again for the week, as the major Indices are back up near the Sept. Highs. Normally Indices will struggle at previous Highs (Resistance), and the Markets have quickly rallied 24 % up from the Dec. Lows without much pull-back.

For the week the Dow was up 0.56%, the S&P 500 was down 0.05%, and the Nasdaq 100 was up 0.81%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 0.65% and is slightly Above the Green Line, indicating Economic Strength.

Bonds were up 0.19% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.65% and is over-bought. 

Crude Oil was up  0.28% for the week at $64.07, and GOLD was down 1.48%  at $1276.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 logged Open 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 TRADES 

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

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.   

BSX   BOSTON SCIENTIFIC    Wait for a Close above the Red Line of $38.00.   

CIEN   CIENA CORP.  Wait for a Close above the Red Line of $38.20.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $128.52.   

KTOS   KRATOS DEFENSE    Wait for a Close above the Red Line of $15.54.   

MEET    THE MEET GROUP    Wait for a Close above the Red Line of $5.30.   

MRK    MERCK & CO.    Wait for next Daily Money Wave Buy Signal.
___________________________________________________________________________________________

 

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

 

Alert! Market Risk is HIGH (Red 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

 

4 Ways to Get your Daily Money Wave Alert:

• Emailed to your box between 3:30 3:50pm EDT.
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• Text messages: Email us your Cell number & phone carrier.

Related Post

– Green Line Weekly Apr 14, 2019