Market-2

 

04/14/2019:  Markets were up slightly for the week, after bouncing up from the Pink Lines (10-day avgs.) earlier. The major Indices are getting back up near the Sept. Highs. Normally Indices will struggle at earlier Highs (Resistance), as the last time the Markets were up here they dropped 20%, so many Short Term Traders will EXIT on next Sell Signal.

For the week the Dow was down 0.05%, the S&P 500 was up 0.55%, and the Nasdaq 100 was up 0.65%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 0.36% and is slightly Above the Green Line, indicating Economic Strength.

Bonds were down 1.10% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 0.38. 

Crude Oil was up  1.28% for the week at $63.89, and GOLD was down 0.03%  at $1295.50.

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MONEY WAVE BUYS SOON:   

We are currently in 10 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 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 $38.36.   

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 $129.79.   

KTOS   KRATOS DEFENSE    Wait for a Close above the Red Line of $15.62.
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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

 

QUESTION:  Alberto writes “AGL:   Little question: what does the green dot on the portfolios holdings mean? Thank you.”

ANSWER:  Hi Roberto, please click on the Symbol Link for a Daily Chart, and on the Green Dot to see the 60-min Chart of the Investment.

Good trading, and tell your friends!

AGL

Related Post

– Green Line Weekly Apr 7, 2019

04/07/2019:  Markets were up again for the week, as the major Indices are getting back up near the Sept. Highs. It is amazing how the Investor Sentiment has flipped from FEAR to GREED in a few months. 

In December Investors were dumping Investments on FEAR of the FED raising rates, and Trade worries.

From our Dec. 30 Green Line Weekly  “Normally when the FEAR is so high and Tammy has sold out after Buying High, the media will begin to print positive stories. And then in a few months the sentiment and confidence could flip, and eventually the Herd and Tammy would pile back in.  Eventually the Markets should bounce back up to at least the Green Line.”

For nine years the Markets went up easily from FED Printing. The Printing ended last year and the Markets have not made progress (see Chart above). Investors that do not stay in sync with the MARKET RISK Chart and Buy in Green and Sell in Red, might become frustrated after a 10 year Bull up.

For the week the Dow was up 1.91%, the S&P 500 was up 2.16%, and the Nasdaq 100 was up 2.71%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 2.14% and is slightly Above the Green Line, indicating Economic Strength.

Bonds were down 1.69% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.12 and is back up in the Red Zone.

Crude Oil was up  4.89% for the week at $63.08, and GOLD was down 1.05%  at $1298.50.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 10 logged Open 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 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.

CIEN   CIENA CORP.  Wait for a Close above the Red Line of $28.34.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $133.75.   

KTOS   KRATOS DEFENSE    Wait for a Close above the Red Line of $15.75.
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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.

 

QUESTION:  Matt writes :  “Who/what is “Tammy” that you speak of in your daily commentaries? Dying to know.”

ANSWER: Tammy does it all backwards… She Buys on Good News, and Sells on Bad News.

She Buys High and Sells Low.  Don’t be Tammy!

Good trading, and tell your friends!

 

Related Post

– Green Line Weekly Mar 31, 2019

 

 

03/31/2019:  Markets were up for the week, as the major Indices are going back up the re-test  the Highs of 7 days ago. The low Volume indicates a lack of much Buying at these levels. The S&P 500 has Support at 2785. 

Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Way Buys soon.

For the week the Dow was up 0.82%, the S&P 500 was up 1.16%, and the Nasdaq 100 was up 0.72%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 0.22% and is Below the Green Line, indicating Economic Weakness.

Bonds were up 1.27% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.89 and is back up in the Red Zone.

Crude Oil was up  1.86% for the week at $60.14, and GOLD was down 1.05%  at $1298.50.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 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!

______________________________________________________________________________________________

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.

CROX   CROCS INC.     Wait for a Close above the Red Line of $26.25.

CIEN   CIENA CORP.    Wait for Weekly Money Wave Close > 20.

KTOS   KRATOS DEFENSE    Wait for a Close above the Red Line of $15.80.
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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:   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 Mar 24, 2019

 

NO INFO YET FROM THE MUELLER REPORT.

03/24/2019:  Markets were down for the week, as the major Indices were over-bought and in the Red Zones (probably too late to Buy for the Short Term). Big Tech were still able to close slightly higher.

Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Way Buys soon.

For the week the Dow was down 1.34%, the S&P 500 was down 0.77%, and the Nasdaq 100 was up 0.26%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was up 0.16% but is Below the Green Line, indicating Economic Weakness.

Bonds were way up 2.55% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was unchanged after bouncing up out of the Green Zone.

Crude Oil was up  0.89% for the week at $59.04, and GOLD was up 0.72%  at $1313.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 6 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 TRADES 

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

CROX   CROCS INC.     Wait for a Close above the Red Line of $26.38.

CIEN   CIENA CORP.    Wait for Weekly Money Wave Close > 20.

KTOS    KRATOS DEFENSE    Wait for Weekly Money Wave Close > 20.
___________________________________________________________________________________________

 

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.

 

4 Ways to Get your Daily Money Wave Alert:

• Emailed to your box between 3:30 3:50pm 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

– Green Line Weekly Mar 17, 2019

 

03/17/2019:  Markets were up for the week, as the major Indices bounced up out of their Green Zones for Money Wave Buys.  Big Tech were leading the way up.

Many Investors seem to be betting on a China Trade Deal or more FED help, as few are currently worrying about Selling. The FEAR INDEX is very low, indicating an Over-bought Market.

For the week the Dow was up 1.57%, the S&P 500 was up 2.95%, and the Nasdaq 100 was up 4.15%.  Currently 39% of the S&P 500 Stocks are still below the 200-day avg. (Bearish) even with this 12 week rally up from the Dec Lows.  The very Long Term Trend on the Stock Markets is UP.  

 

The Inflation Index (CRB) was up 1.77% but is Below the Green Line, indicating Economic Weakness.

Bonds were up 0.15% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was down 0.73% after being up in the Red Zone.

Crude Oil was up  4.37% for the week at $58.52, and GOLD was up 0.28%  at $1303.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 11 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.

ACAD   ARCADIA PHARMA      Bought last week at $26.07.  
AVP   AVON PRODUCTS      Bought last week at $2.75.  
CROX   CROCS INC.     Wait for Weekly Money Wave Close > 20.
CYH   COMMUNITY HEALTH      Bought last week at $4.77.  
LW   LAMB WESTON HOLDINGS    Buy if it Closes above $70.89.
ODP    OFFICE DEPOT    Bought last week at $3.35.    
SBGL     SIBANYE GOLD   Wait to Buy near the Red Line around $3.75. 
VER   VEREIT, INC.    Relative Strength is Below 80.  (7% Dividend)
   

___________________________________________________________________________________________

 

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.

 

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 Mar 10, 2019