Market-2

 

12/30/2018:  Markets  bounced up this week after being extremely Over-Sold.  Normally when the FEAR is so high and Tammy has sold out after Buying High, the media will begin to print positive stories (maybe like gasoline prices below $2, mortgage rates have dropped 3/4 -1%, maybe Earnings better than expected,  the FED becoming less Hawkish, a necessary China Trade deal, etc.)

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, once they bottom.

For the week the Dow was up 2.75%, the S&P 500 was up 2.93%, and the Nasdaq 100 was up 3.95%.   The very Long Term Trend on the Stock Markets is UP, but many Indices made 52-week Lows last week which could signal a Top has been made.

 

The Inflation Index (CRB) was down 0.68% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  0.27% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR  was down 0.64%, and could be topping as the FED is probably finished Raising Rates for a while (unless they purposely  want to create a Slow Down). A falling Dollar could be good for Tech Stocks and Commodities.

Crude Oil was down 0.57% for the week at $45.33, and GOLD was up 2% at $1283.

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MONEY WAVE BUYS SOON:   

We are currently in 13 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 

Investments below that can Bounce up off the Green Line with Above 80 Relative Strength, could re-test their recent Highs.

   
ARWR    ARROWHEAD PHARMA.    Wait for weekly Close Above the Red Line of $13.29 (50-day avg.)   
BSX    BOSTON SCIENTIFIC     Wait for weekly Close Above the Red Line of $35.53 (50-day avg.) 
CGC    CANOPY GROWTH     Wait for weekly Close Above the Red Line of $32.96 (50-day avg.) 
FIVE    FIVE BELOW     Wait for weekly Close Above the Red Line of $103.93 (50-day avg.)       
FTNT    FORTINET INC.     Wait for weekly Close Above the Red Line of $72.48 (50-day avg.)   
I    INTELSAT GLOBAL     Wait for weekly Close Above the Red Line of $23.60 (50-day avg.) 
LULU    LULULEMON ATHLETICA     Wait for weekly Close Above the Red Line of $125.84 (50-day avg.)     
MSFT    MICROSOFT CORP.     Wait for weekly Close Above the Red Line of $104.66 (50-day avg.)     
UAL    UNITED CON’T. AIR     Wait for weekly Close Above the Red Line of $87.23 (50-day avg.)     
WWE    WORLD WRESTLING    Place Buy Stop above $77.95 on the Close.  

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

 

Alert! Market Risk is LOW (Green Zone). The probability of successful Short Term Trades is better, when the S&P 500 is down near the Green Line. 

Tell your Friends about the Green Line, and Help Animals.

 

QUESTION:   Steve writes ” What is the deciding factor for you to say “Caution! Way above the Green Line?   Thank you.”

ANSWER:  Hi Steve, Way Above the Green Line means that if you Buy up there, you will probably have a “Sick Feeling” when the Investment eventually returns to the Green Line.

Good trading, and tell your friends!

 

Related Post

– Green Line Weekly Dec 23, 2018

 

12/23/2018:  Markets  slipped down below the April Support this week like it was not even there.  It is amazing how Investors would not Sell Way Above the Green Line in September,  and are now Selling Way Below the Green Line. Eventually the Markets should bounce back up to at least the Green Line, once they bottom.

The good thing about a big Sell-Off is that we get to find out which Investments are the Strongest, The Strongest High Volume Leaders are:  Pfizer PFE, Verizon VZ, Merck, MRK, Utilities Fund XLU, Coca Cola KO, Proctor & Gamble PG, Starbucks SBUX, Abbott Labs ABT, Eli Lilly LLY and many Utility Stocks.

For the week the Dow was down 6.87%, the S&P 500 was down 7.05%, and the Nasdaq 100 was down 8.32%.   The very Long Term Trend on the Stock Markets is UP, but many Indices made 52-week Lows this week.

 

The Inflation Index (CRB) was down 4.54% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  2.13% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR  was down 0.38%, and could be topping as the FED is probably finished Raising Rates for a while (unless they purposely  want to create a Slow Down). A falling Dollar could be good for Tech Stocks and Commodities.

Crude Oil was down 10.96% for the week at $45.60, and GOLD was up slightly at $1258.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 logged Open Positions, for the Short & Medium Term.  There are 10 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

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LONG TERM TRADES 

Investments below that can Bounce up off the Green Line with Above 80 Relative Strength, could re-test their recent Highs.

   
ARWR    ARROWHEAD PHARMA.     Place Buy Stop above $15.47 on the Close.   
BSX    BOSTON SCIENTIFIC     Wait for weekly Close Above the Red Line of $35.72 (50-day avg.) 
CGC    CANOPY GROWTH     Wait for weekly Close Above the Red Line of $34.20 (50-day avg.) 
FIVE    FIVE BELOW     Wait for weekly Close Above the Red Line of $105.03 (50-day avg.)       
FTNT    FORTINET INC.    Place Buy Stop above $77.18 on the Close.  
I    INTELSAT GLOBAL     Wait for weekly Close Above the Red Line of $24.06 (50-day avg.) 
LULU    LULULEMON ATHLETICA     Wait for weekly Close Above the Red Line of $126.83 (50-day avg.)     
MSFT    MICROSOFT CORP.     Wait for weekly Close Above the Red Line of $105.61 (50-day avg.)     
SQ    SQUARE, INC.     Wait for weekly Close Above the Red Line of $66.48 (50-day avg.) 
WWE    WORLD WRESTLING    Place Buy Stop above $77.95 on the Close.  

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

 

Alert! Market Risk is LOW (Green Zone). The probability of successful Short Term Trades is better, when the S&P 500 is down near the Green Line. 

Tell your Friends about the Green Line, and Help Animals.

 

QUESTION:  PGP writes” What are your recommendations for your 401k clients?”

ANSWER:  The easy answer is to only OWN Investments that are Above the Green Line. Historically, there should always be many choices available.

But if your 401k Plan does not have Sector Funds or Stocks, you might not have many Options.

Buy & Hold could be difficult for the next year or so, if you only have the basic Stocks, Bonds Int’l. & Cash Funds as your choices.

One Solution could be to use Market Timing (see Chart Link below) with the S&P 500 Fund while the FED is tightening. Buy Green Zone, Sell Red Zone.

Timing Chart

 

Related Post

– Green Line Weekly Dec 16, 2018

12/16/2018:  Markets were down for the week as the Indexes are wearing  Investors out by slowing returning to the April Support. There is a good chance of a larger bounce up, as many Investments like Goldman Sachs have dumped Way Below the Green Lines, and will normally bounce up some on Short Covering.

The Strongest Leaders that are holding Above the Green Line could go back up to re-test the September Highs (see Long Term List below).

For the week the Dow was down 1.18%, the S&P 500 was down 1.18%, and the Nasdaq 100 was down 0.28%.   The Long Term Trend on the Stock Markets is UP.

There is a FED Meeting on Wednesday, where the FED could surprise most by not Raising Rates, or talk about limited Raising in the near future…

The Inflation Index (CRB) was down 2.08% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  0.06% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR  was up 0.93%, and is currently over-bought.

Crude Oil was down 2.68% for the week at $51.20, and GOLD was down slightly at $1241.

___________________________________________________________________________________________

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 

Investments below that can Bounce up off the Green Line with Above 80 Relative Strength, could re-test their recent Highs.

   
ADBE    ADOBE SYSTEMS    Wait for weekly Close Above the Red Line of $241.57 (50-day avg.) 
AMZN    AMAZON.COM     Wait for weekly Close Above the Red Line of $1669.47 (50-day avg.) 
ARWR    ARROWHEAD PHARMA.     Place Buy Stop above $15.47 on the Close.   
CGC    CANOPY GROWTH     Wait for weekly Close Above the Red Line of $35.97 (50-day avg.) 
DISCA    DISCOVERY, INC.    Wait for weekly Close Above the Red Line of $30.22 (50-day avg.) 
FIVE    FIVE BELOW     Wait for weekly Close Above the Red Line of $108.28 (50-day avg.) 
FTNT    FORTINET INC.    Place Buy Stop above $77.18 on the Close.  
LULU    LULULEMON ATHLETICA     Wait for weekly Close Above the Red Line of $129.73 (50-day avg.) 
SQ    SQUARE, INC.     Wait for weekly Close Above the Red Line of $69.59 (50-day avg.) 
WWE    WORLD WRESTLING    Place Buy Stop above $77.95 on the Close.  

___________________________________________________________________________________________

 

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

 

Alert! Market Risk is LOW (Green Zone). The probability of successful Short Term Trades is better, when the S&P 500 is down near the Green Line. 

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 @AboveGreenLine
• Text messages: Email us your Cell number & phone carrier.

Related Post

– Green Line Weekly Dec 9, 2018

12/09/2018:  Markets were down BIG for the week, as the Indexes went up above the Red Lines temporarily (50-day avgs.) to suck in a lot of Buying. Then Selling began, but the Volume was not high. Support on the S&P 500 is around 2603.

The Strongest Leaders that are holding Above the Green Lines could go back up to re-test the September Highs (see Long Term List below).

For the week the Dow was down 5.16%, the S&P 500 was down 4.60%, and the Nasdaq 100 was down 4.83%.   The Long Term Trend on the Stock Markets is UP.

Bonds  were up  2.91% for the week and are Above the Green Line, indicating Economic Weakness. Yield on the 10-Year Note has dropped from 3.25% to 2.85%, which should help the Housing Market.

The Inflation Index (CRB) was up 1.33% and is Below the Green Line, indicating Economic Weakness.

The US DOLLAR  was down 0.46%, and is currently over-bought.

Crude Oil was up 3.30% for the week at $52.61, and GOLD was up to $1252.60.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 5 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 

Investments below that can Bounce up off the Green Line with Above 80 Relative Strength, could re-test their recent Highs.

   
ADBE    ADOBE SYSTEMS    Wait for the next Daily Money Wave Buy. 

AMZN    AMAZON.COM   Wait for the next Daily Money Wave Buy. 

ARWR    ARROWHEAD PHARMA.     Wait for the next Daily Money Wave Buy.    
FOSL    FOSSIL GROUP    Place Buy Stop Order above $24.28 on the Close.   
FTNT    FORTINET INC.    Wait for next Daily Money Wave Buy.     
LULU    LULULEMON ATHLETICA     Wait for Daily Money Wave Buy. 
OKTA    OKTA, INC.   Wait for the next Daily Money Wave Buy.  
RUN    SUNRUN, INC    Wait for the next Daily Money Wave Buy. 
WWE    WORLD WRESTLING    Wait for the next Daily Money Wave Buy.  

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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 S&P 500 is down near the Green Line. 

Tell your Friends about the Green Line, and Help Animals.

QUESTION:  Brian writes ” Is there anyway to make your strategy work in the German markets or the forex game. Like things without sctr values?”

ANSWER:  Yes Brian, the Green Line System works with ALL Investments and Mutual Funds that can be Charted.

If there is no Symbol, you can manually make a Chart like we did before computers existed. Make sure the Investment stays Above the Green Line (250 day ema).

Determining Relative Strength would be trickier. Most Relative Strength systems use computers to compare the Investment to the S&P 5oo index, or to all Investments that are in the database.

Related Post

– Green Line Weekly Dec 2, 2018