Market-2

 

07/08/2018:  Markets were up for the week, but the Large Cap DOW & S&P 500 Indices are not bouncing very well. Stock now have competition from higher Interest Rates and Commodity prices.

The Small Cap Index was able to get back up to the Highs recently.  For the week, the Dow rose 0.8%, 2.4% for the Nasdaq and 1.5% for the S&P 500.  The Long Term Trend on the Stock Markets is UP.

 

The Inflation Index (CRB) was down 1.19% but is in a mild Up-Trend.

Bonds  were up again for the week and Closed Above the Green Line, which is forecasting Economic weakness.

The US DOLLAR  is pulling back down towards the Red Line (50-day avg.)

Crude Oil was down 0.47% for the week at $73.85 after making New Highs at $75.27, and GOLD was up  0.10%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 13 logged Open Positions, for the Short & Medium Term.  Most are now in the Yellow or Red Zones, so please have Sell Stops below them. There are 3 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

FCAU     FIAT CHRYSLER    Wait for weekly Close Above the Red Line of $20.66 (50-day avg.)

IBKR    INTERACTIVE BROKERS    Wait for Weekly Money Wave Close > 20.

INTC    INTEL CORP.     Wait for Weekly Money Wave Close > 20.

IOVA    IOVANCE BIOTHERA.      Wait for Daily Close Above $14.10.

SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $48.93 (50-day avg.)

SPLK    SPLUNK INC.     Wait for Weekly Money Wave Close > 20.

VALE    VALE DO RIO    Wait for weekly Close Above the Red Line of $48.93 (50-day avg.)

VLO    VALERO ENERGY    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 higher, when the S&P 500 is down near the Green Line. 

 

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

 

QUESTION:  Ray writes “How do I find a Chart on the Portfolio of stocks?

Thanks, Ray.”

ANSWER: Please click on the Portfolio Link of each email.

The click on the Green Symbol  of the Investment (ex. URBN for Daily Chart) , and Green Round Circle (for the 60-min Chart).

Good trading, and tell your friends!

Related Post

– Green Line Weekly Jul 1, 2018

 

07/01/2018:  Markets were down again this week, as the Large Cap DOW & S&P 500 Indices FAILED to make New Highs. The NASDAQ 100  and Small Cap Indices were able to make New Highs recently.  For the week, the Dow and S&P 500 lost 1.3% each, the Nasdaq fell 2.4%, while small-cap Russell 2000 dropped 2.5%.

Many are worried that a Trade War would slow down the Economy.  The Copper Fund above should tell us soon if the Economy is just correcting, or actually going to Slow Down. The Long Term Trend on the Stock Markets is UP.

The Inflation Index (CRB) was up 1.43% after bouncing off the Green Line to stay in a mild Up-Trend.

Bonds  were up for the week, and Closed Above the Green Line which is forecasting Economic weakness.

The US DOLLAR  made New Highs for the year, and then pulled back slightly.

Crude Oil was up 8.12% for the week at $74.15, and GOLD was down  1.27%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 9 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 Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

FCAU     FIAT CHRYSLER    Wait for Weekly Money Wave Close > 20.

IBKR    INTERACTIVE BROKERS    Wait for Weekly Money Wave Close > 20.

IOVA    IOVANCE BIOTHERA.      Wait for Weekly Money Wave Close > 20.

SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $51.56 (50-day avg.)

 

Two positions in the Long Term Watch List dropped below the Green Line:  SGMO    SANGAMO THERA  and  WB    WEIBO CORP.     

___________________________________________________________________________________________

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 higher, 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 Jun 24, 2018

 

06/24/2018:  Markets were down for the week, as the Large Cap DOW & S&P 500 Indices struggled. Quarterly Earnings are starting to come out. For the week, the Dow ended down about 2%, the S&P 500 ended 0.9% lower, and the Nasdaq finished 0.3% lower.

The DOW & S&P 500 Indices need to make Higher Highs soon for this rally to continue. Closing Below the Red Lines would be “Bearish”. The Long Term Trend is UP.

The Inflation Index (CRB) was up 0.66% after bouncing off the Green Line to stay in a mild Up-Trend.

Bonds  were mixed for the week, just Below the Green Line and are Bearish.

The US DOLLAR  was near the Highs for the year, and pulled back 0.36%. 

Crude Oil was up 5.41% for the week at $68.58, and GOLD was down  0.61%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 4 logged Open Positions, for the Short & Medium Term. Many of the Leading Investments are back up in the Red Zones. There are 5 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

FCAU     FIAT CHRYSLER    Wait for Weekly Money Wave Close > 20.

IBKR    INTERACTIVE BROKERS    Wait for Weekly Money Wave Close > 20.

IOVA    IOVANCE BIOTHERA.      Wait for Weekly Money Wave Close > 20.

SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $51.56 (50-day avg.)

SGMO    SANGAMO THERA    Wait for a Daily Close above $16.90, then use Green Line as Sell Stop. 

WB    WEIBO CORP.     Buy if Closes above $112.03.

___________________________________________________________________________________________

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 higher, when the S&P 500 is down near the Green Line. 

 

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

 

QUESTION:  Mark writes “Hello, new subscriber here. You system looks great, I love the lack of complexity.

Wondering if you ever are okay with people buying the day or two before a complete signal, if it’s looking very likely the signal will be met?  I see that it looks like when the signal is greenlighted it’s often perhaps too late to get in.  Thank you.”  

ANSWER:   Yes, sometimes the Strongest Investments never Close in the Green Zone, and bounce back up again.  It is OK for you to Buy early and break the Rules, but only if you put in a real Sell Stop Loss below your Buy Price. Many subscribers use the 60-min Chart Signals to jump the gun.

But for all Followers, we follow the Rules strictly, so we all agree on the Buy & Sell prices.

Related Post

– Green Line Weekly Jun 17, 2018

 

HAPPY FATHER’S DAY to all of the Dads!

06/17/2018:  Markets were mixed for the week, as the DOW was down, S&P 500 was flat , and the NASDAQ 100 and Small Caps made new Highs.  The NASDAQ 100 and Small Caps are not hurt by higher Interest Rates, but the Big Cap Stocks are struggling.

The DOW & S&P 500 Indices need to make Higher Highs soon for this rally to continue. Closing Below the Red Lines would be “Bearish”. The Long Term Trend is UP.

The Inflation Index (CRB) dropped 3.25% below the Red Line (50-day avg.) but is still in a mild Up-Trend.

Bonds  were up slightly for the week, just Below the Green Line and are Bearish.

The US DOLLAR  bounced near the Red Line and is up at the Highs for the year. 

Crude Oil was down another 1.00% for the week at $65.06, and GOLD was down 1.86%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 5 logged Open Positions, for the Short & Medium Term. Many of the Leading Investments are back up in the Red Zones. There are 5 Investments on the Short Term Watch List. (Retail & Energy).

Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

IOVA    IOVANCE BIOTHERA.      Wait for Weekly Money Close > 20.

SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $51.56 (50-day avg.)

SGMO    SANGAMO THERA    Wait for a Daily Close above $16.90, then use Green Line as Sell Stop. 

WB    WEIBO CORP.     Buy if Closes above $112.03.

___________________________________________________________________________________________

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 higher, when the S&P 500 is down near the Green Line. 

 

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

 

QUESTION: Carla writes “Hi Green Line. I did not get my Daily email. Can you help? Thank you”

ANSWER: Sometimes your emails will go into your Spam Folder. Please check there first. Log into web site on your browser for hotmail or gmail, please.
There are 3 other places to view the Daily Email. Maybe have a backup: 

1. Website menu Commentary/Buy/Sell Signals
2. Twitter mobile notifications are the FASTEST & most RELIABLE  @AboveGreenLine
3. Text messages: Email us your Cell number & phone carrier.

Related Post

– Green Line Weekly Jun 10, 2018

 

06/10/2018:  Markets were up 1-2 % for the week, as the DOW & S&P 500 Indices are going back up to re-test the Jan Highs. The NASDAQ 100 and Small Caps are back up to the Highs, as they are not hurt by higher Interest Rates like the Big Cap Stocks are.

For the week the Dow rose 2.8%, the Nasdaq rose 1.2%, and the S&P 500 gained 1.2%.

The major Indices need to make Higher Highs soon for this rally to continue, and could re-test the Highs in a month or two. Closing Below the Red Lines would be “Bearish”. The Long Term Trend is UP.

The Inflation Index (CRB) has corrected back down to the Red Line, and is in a mild Up-Trend.

Bonds  were down slightly for the week, after Failing at the Green Line and are Bearish.

The US DOLLAR  is correcting back down to the Red Line. 

Crude Oil was down another 0.11% for the week at $65.75, and GOLD was up 0.26%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 5 logged Open Positions, for the Short & Medium Term. Most of the Leading Investments are back up in the Red Zones. There are 2 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

ITB    HOME BUILDING FUND    Relative Strength is Below 80.

REMX   RARE EARTH FUND    Wait for Daily Close above $28.62.

SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $51.56 (50-day avg.)

SGMO    SANGAMO THERA    Wait for a Daily Close above $16.90, then use Green Line as Sell Stop. 

WB    WEIBO CORP.     Wait for weekly Close Above the Red Line (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 higher, when the S&P 500 is down near the Green Line. 

 

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

 

QUESTION:   Pamela writes ” Could you please tell me how you set up your stop loss…market on close…order on your stocks after you purchase them and if you set them up immediately after purchase?”

ANSWER:  Sell Stop Losses are tricky, because the Market Markets tend to go down and Flush out the Stops during the day.

How about setting an Alarm at Support, and then watch the Investment and EXIT if it Keeps dropping.

The Market Makers will sometimes take it down 5-10 cents to “Run the Stops” and then the Investment can end up Holding Support by the Close.

That is why we suggest waiting until the Close (but we have gotten Burned occasionally).

Thank you for writing!

 

Related Post

– Green Line Weekly Jun 3, 2018