Market-2

 

11/25/2018:  Last Quarter Great Earnings came out and the HERD bought Stocks Way Above the Green Line on the Good News. Smart Money took profits on the Good News. Now the HERD is Selling as they are finally seeing that the Economy is slowing down (Bad News). Smart Money is waiting to get back into the over-sold Markets if they hold near Support on Bad News.

Probably some Good News coming soon like Not Raising Rates in Dec. by the FED, or a China Trade Agreement (so the Herd can Buy back in).

Markets were down for the week, as the Indexes are going back down to re-test the October Lows. The Strongest Leaders that are holding Above the Green Line should go back up to re-test the September Highs (see Long Term List below).

Investments that are struggling Below the Green Line should probably be Sold on the next rally.

For the week the Dow was down 4.44%, the S&P 500 was down 3.83%, and the Nasdaq 100 was down 4.95%.   The Long Term Trend on the Stock Markets is UP.

 

The Inflation Index (CRB) was down 4.11% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  0.38% for the week and are Below the Green Line, indicating Economic Strength.

The US DOLLAR  was up 0.62%, and is currently over-bought.

Crude Oil was down 11.04% for the week at $50.42, and GOLD was unchanged at $1223.

___________________________________________________________________________________________

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 

The Long Term List has become large, and if the Investments below can Bounce up off the Green Line with Above 80 Relative Strength, some could re-test their Highs.

   
ADBE    ADOBE SYSTEMS    Wait for weekly Close Above the Red Line of $244.31 (50-day avg.)   
ARWR    ARROWHEAD PHARMA.     Wait for weekly Close Above the Red Line of $14.23 (50-day avg.)      
CVNA   CARVANA CO.    Wait for weekly Close Above the Red Line of $47.30 (50-day avg.)         
FOSL    FOSSIL GROUP    Place Buy Stop Order above $24.28 on the Close.   
FTNT    FORTINET INC.    Wait for weekly Close Above the Red Line of $76.04 (50-day avg.)     
LULU    LULULEMON ATHLETICA     Wait for weekly Close Above the Red Line of $136.94 (50-day avg.) 
OKTA    OKTA, INC.    Wait for weekly Close Above the Red Line of $57.87 (50-day avg.)   
QQQ    NASDAQ 100 Fund    Wait for weekly Close Above the Red Line of $170.78 (50-day avg.)    
RUN    SUNRUN, INC    Place Buy Stop Order above $13.50 on the Close.   
URBN    URBAN OUTFITTERS    Place Buy Stop Order above $41.77 on the Close. 
WWE    WORLD WRESTLING    Wait for weekly Close Above the Red Line of $73.59 (50-day avg.) 

___________________________________________________________________________________________

 

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.

 

4 Ways to Get your Daily Money Wave Alert:

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

Related Post

– Green Line Weekly Nov 18, 2018

 

11/18/2018:  Markets were down for the week, as the Indexes were over-bought on the Short Term.  The Markets are going back down to re-test the recent Lows. So far the Selling has been much weaker this time down, and the Strongest Leaders that are holding Above the Green Line + Above 90 Relative Strength should go back up to re-test the September Highs.

Investments that are struggling Below the Green Line should probably be Sold on the next rally.

Money does not seem to be leaving the Markets, just rotating into Defensive Investments like XLP Consumer Staple Fund and XLU Utility Fund.

For the week the Dow was down 2.22%, the S&P 500 was down 1.45%, and the Nasdaq 100 was down 2.45%.   The Long Term Trend on the Stock Markets is UP.

 

The Inflation Index (CRB) was down 1.15% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  1.19% for the week and are Below the Green Line, indicating Economic Strength.

The US DOLLAR  was down 0.31%, and is currently over-bought.

Crude Oil was down 5.83% for the week at $56.68, and GOLD was up at $1223.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 9 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 

The Long Term List has become large, and if the Investments below can Bounce up off the Green Line with Above 80 Relative Strength, some could re-test their Highs.

AAPL    APPLE INC.      Wait for weekly Close Above the Red Line of $209.60 (50-day avg.)     
ADBE    ADOBE SYSTEMS    Wait for weekly Close Above the Red Line of $248.48 (50-day avg.)   
ARWR    ARROWHEAD PHARMA.     Wait for weekly Close Above the Red Line of $14.50 (50-day avg.)      
CRM    SALESFORCE.COM    Wait for weekly Close Above the Red Line of $140.40 (50-day avg.) 
CVNA   CARVANA CO.    Wait for weekly Close Above the Red Line of $48.33 (50-day avg.)    
FDN    INTERNET FUND     Wait for weekly Close Above the Red Line of $129.99 (50-day avg.)     
FOSL    FOSSIL GROUP    Place Buy Stop Order above $24.28 on the Close.   
FTNT    FORTINET INC.    Wait for weekly Close Above the Red Line of $77.83 (50-day avg.)     
OKTA    OKTA, INC.    Wait for weekly Close Above the Red Line of $59.17 (50-day avg.)   
QQQ    NASDAQ 100 Fund    Wait for weekly Close Above the Red Line of $173.35 (50-day avg.)    
URBN    URBAN OUTFITTERS    Place Buy Stop Order above $41.77 on the Close. 
WWE    WORLD WRESTLING    Wait for weekly Close Above the Red Line of $76.04 (50-day avg.) 

___________________________________________________________________________________________

 

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:    Jim writes “Hi there, I am a member but am still confused on how best to react to these emails. Thanks.”

ANSWER:    Hi Jim! 

The Green Line System Buys High Volume & High Relative Strength Investments when they pull-back (Into the Green Zone).

Investments that are in the Green Zone (or On Deck) are on the Watch List. for you to Study.

When the Investment has a Buy Signal (Money Wave Closing above the Green Zone, we send out an email or text before the Mkt. Close.

Then Buy the Investment, and put in the Sell Stop Loss (Stop is based on Closing price)… Then Monitor the PORTFOLIO Page to update your Stop Loss, or wait for Email to Sell.

It is that Simple!

Good trading, and tell your friends!

Related Post

– Green Line Weekly Nov 11, 2018

 

 

11/11/2018:  Markets bounced up again for the week, but now the Indexes are over over-bought on the Short Term.  The S&P 500 is back Above the Green Line, but failed at the Red Line (50-day avg.). Normally the Markets would dip back down soon to re-test the recent Lows. If the Selling is weak, then the Strongest Leaders that are holding Above the Green Line + Above 90 Relative Strength should go back up to re-test the September Highs.

Investments that are strugging Below the Green Line should probably be Sold on the next rally.

Money does not seem to be leaving the Markets, just rotating into Defensive Investments like XLP Consumer Staple Fund and XLU Utility Fund.

For the week the Dow was up 2.84%, the S&P 500 was up 2.16%, and the Nasdaq 100 was up 1.06%.   The Long Term Trend on the Stock Markets is UP.

 

The Inflation Index (CRB) was down 2.00% and is Below the Green Line, indicating Economic Weakness.

Bonds  were up  1.21% for the week and are Below the Green Line, indicating Economic Strength.

The US DOLLAR  was up 0.31%, but is currently over-bought.

Crude Oil was down 4.57% for the week at $60.18, and GOLD was down at $1208.60.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 6 logged Open Positions, for the Short & Medium Term.  There are 2 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________________________

LONG TERM TRADES 

The Long Term List has become large, and if the Investments below can Bounce up off the Green Line with Above 80 Relative Strength, some could re-test their Highs.

AEO   AMER. EAGLE OUTFITTERS    Wait for weekly Close Above the Red Line of $22.84 (50-day avg.)     
ARWR    ARROWHEAD PHARMA.     Wait for weekly Close Above the Red Line of $14.75 (50-day avg.)     
CRM    SALESFORCE.COM    Wait for weekly Close Above the Red Line of $143.36 (50-day avg.) 
CVNA   CARVANA CO.    Wait for weekly Close Above the Red Line of $49.00 (50-day avg.)    
FDN    INTERNET FUND     Wait for weekly Close Above the Red Line of $131.36 (50-day avg.)     
FOSL    FOSSIL GROUP    Place Buy Stop Order above $24.28 on the Close.   
FTNT    FORTINET INC.    Wait for weekly Close Above the Red Line of $78.81 (50-day avg.)   
HRTX    HERON THERA.    Wait for weekly Close Above the Red Line of $30.89 (50-day avg.)  
QQQ    NASDAQ 100 Fund    Wait for weekly Close Above the Red Line of $174.65 (50-day avg.)    
URBN    URBAN OUTFITTERS    Place Buy Stop Order above $41.77 on the Close. 
WWE    WORLD WRESTLING    Wait for weekly Close Above the Red Line of $78.38 (50-day avg.) 

___________________________________________________________________________________________

 

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:   David writes “Many trading pros/teachers say do not trade below the 50 day moving average. I know you strongly believe the high technical ranking will overcome this and you advocate trades breaking out of Green Zone that are often well below the 50 day ma. 

Could you please comment on your view about trading below the 50ma?”

 

ANSWER:    Hi David, yes it is best to own Investments above the 50-day avg., because they are the Strongest. Investments that fall below the 50-day can return back up to the Highs, but it normally takes longer. (and the percentage moves can be larger).

So  Nimble Traders try to own Above the 50-day. It is more about deciding on how long you want to own a position.

Good trading, and tell your friends!

 

 

 

Related Post

– Green Line Weekly Nov 4, 2018

 

11/04/2018:  Markets bounced up for the week, as the Indexes became over over-sold.  The S&P 500 is still trying to get back Above the Green Line. Maybe another dip back down next week to re-test the recent Lows. 

Soon the Strongest Leaders that are holding Above the Green Line + Above 90 Relative Strength should go back up to re-test the September Highs. Investments that are currently Below the Green Line should probably be Sold on the next rally.

For the week the Dow was up 2.36%, the S&P 500 was up 2.45%, and the Nasdaq 100 was up 1.65%.   The Long Term Trend on the Stock Markets is UP.

There are 2 Inverse Funds that have begun Bull Markets and are now in the Green Zones for Money Wave Buys soon.   They are Inverse World Emerging Market Fund (EUM) and Inverse Small Cap Fund (RWM).  These could go much higher over the Long Term.

 

The Inflation Index (CRB) was down 1.64% and is Below the Green Line, indicating Economic Weakness.

Bonds  were down 2.36% for the week and are Below the Green Line, indicating Economic Strength.

The US DOLLAR  was mixed for the week, after making another New High for the year.

Crude Oil was down 6.58% for the week at $63.14, and GOLD was mixed at $1233.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 logged Open Positions, for the Short & Medium Term.  There are 2 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________________________

LONG TERM TRADES 

The Long Term List has become large, and if the Investments below can Bounce up off the Green Line with Above 80 Relative Strength, some could re-test their Highs.

AEO   AMER. EAGLE OUTFITTERS    Wait for weekly Close Above the Red Line of $23.08 (50-day avg.)     
ARWR    ARROWHEAD PHARMA.     Wait for weekly Close Above the Red Line of $14.81 (50-day avg.)     
CRM    SALESFORCE.COM    Wait for weekly Close Above the Red Line of $144.79 (50-day avg.) 
CVNA   CARVANA CO.    Wait for weekly Close Above the Red Line of $48.82 (50-day avg.)    
FDN    INTERNET FUND     Wait for weekly Close Above the Red Line of $132.31 (50-day avg.)     
FOSL    FOSSIL GROUP    Wait for Buy around $22.38 (50-day avg.)
HEAR    TURTLE BEACH CORP.    Wait for weekly Close Above the Red Line of $20.68 (50-day avg.)   
HRTX    HERON THERA.    Wait for weekly Close Above the Red Line of $31.46 (50-day avg.)  
M     MACY’S INC.    Wait to Buy around  $34.41 (50-day avg.)   
QQQ    NASDAQ 100 Fund    Wait for weekly Close Above the Red Line of $175.34 (50-day avg.)    
URBN    URBAN OUTFITTERS    Wait for weekly Close Above the Red Line of $40.43 (50-day avg.)   

___________________________________________________________________________________________

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.

 

 

Related Post

– Green Line Weekly Oct 28, 2018

 

10/28/2018:  Markets dumped for the week, as the S&P 500 sliced below the Green Line. Closing well below the Green Line is “Bearish”, but the Markets should have an oversold bounce soon. 

Soon the Strongest Leaders that are holding Above the Green Line + Above 90 Relative Strength should go back up to re-test the September Highs. Investments that are currently Below the Green Line should probably be Sold on the next rally.

Weaker Investments might not bounce that well, so only Buy the Strongest Investments with > 90 Relative Strength.

For the week the Dow was down 2.97%, the S&P 500 was down 3.95%, and the Nasdaq 100 was down 3.59%.   The Long Term Trend on the Stock Markets is UP.

There are 2 Inverse Funds that have begun Bull Markets (currently they are in the Red Zones so we will have to wait.)  They are Inverse World Emerging Market Fund (EUM) and Inverse Small Cap Fund (RWM).  These could go much higher over the Long Term.

 

The Inflation Index (CRB) was down 0.85% but is Above the Green Line, indicating Economic Strength.

Bonds  were up 1.13% for the week and are Below the Green Line, indicating Economic Strength.

The US DOLLAR  was up 0.71% for the week, and made a New High for the year.

Crude Oil was down 2.44% for the week at $67.59, and GOLD was up at $1236.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 10 logged Open Positions, for the Short & Medium Term.  There are 14 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________________________

LONG TERM TRADES 

The Long Term List has become large, and if the Investments below can Bounce up off the Green Line with Above 80 Relative Strength, some could re-test their Highs.

AEO   AMER. EAGLE OUTFITTERS    Wait for weekly Close Above the Red Line of $23.26 (50-day avg.)     
ARWR    ARROWHEAD PHARMA.     Wait for weekly Close Above the Red Line of $14.88 (50-day avg.)     
CVNA   CARVANA CO.    Wait for weekly Close Above the Red Line of $49.37 (50-day avg.)    
FDN    INTERNET FUND     Wait for weekly Close Above the Red Line of $133.37 (50-day avg.)     
FOSL    FOSSIL GROUP    Wait for weekly Close Above the Red Line of $22.10 (50-day avg.)
HEAR    TURTLE BEACH CORP.    Wait for weekly Close Above the Red Line of $20.73 (50-day avg.)   
HRTX    HERON THERA.    Wait for weekly Close Above the Red Line of $31.77 (50-day avg.)  
KSS    KOHLS CORP.     Wait for weekly Close Above the Red Line of $74.11 (50-day avg.) 
M     MACY’S INC.    Wait for weekly Close Above the Red Line of $34.16 (50-day avg.)
URBN    URBAN OUTFITTERS    Wait for weekly Close Above the Red Line of $40.54 (50-day avg.)   
WTW    WEIGHT WATCHERS     Wait for weekly Close Above the Red Line of $70.60 (50-day avg.)

___________________________________________________________________________________________

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:  Frederick writes “It appears to me that you never go short?

Please explain. Thanks.”

ANSWER:  Most Followers do not understand Shorting, so we follow the Green Line Rules and normally Buy Long.

Inverse Funds (a form of Shorting) will eventually bottom and Begin a Bull like in 2008, and we should be in them again for nice gains.

2 Inverse Funds are now meeting the Green Line Rules:  Inverse Emerging Markets EUM and Inverse Small Cap Fund RWM (we are waiting on Buy Signals).

If you want to Short, Reverse the Green Line Rules and Short the very weakest (Below Green Line + Below 10 Relative Strength + Below 80 on Money Wave).

Good trading and tell your Friends!

Related Post

– Green Line Weekly Oct 21, 2018