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Above the Green Line © is a Newsletter System of rotating into Investments that generally have more Buyers than Sellers (Above the Green Line, which is Above the 250 day exponential moving average), and the highest Relative Strength (> 90 Relative Strength).

This System is designed to Buy High, and Sell Higher, where we BUY on the DIPS. But Momentum Investing does  require discipline.

We email, text and tweet commentary on a daily and weekly basis. Below are commentaries previously posted.

***** THESE ARE SAMPLE PAGES & ARE NOT CURRENT ****

Weekly Commentary Jul 16, 2017

NYSE Chart
Markets are Back on the Highs!

 

07/16/2017:  Markets finally bounced off the Red Lines (50-day avg.) and are back up to the Highs. We will see if the S&P 500 can push higher this week. Most Funds are in the Red Zones, so Short Term Traders should be raising Cash.

Several of the FAANG Stocks (AAPL NFLX & GOOGL) as still Below their recent Highs.

The TECH Stocks held and bounced above the Red Lines (50-day avgs), but watch for FAILURE of those that cannot make New Highs. 

Long Term Interest Rates continued higher this week, and the US Dollar made New Lows.

 

MONEY WAVE BUYS SOON:    We are currently in 1 logged Open Position,  after taking several profits. There is 1 Investment are on the Short Term Watch List.  

 

LONG TERM TRADES – The Funds below are currently out of favor, but historically could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy to pick up speed:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting for Green Zone Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND           Waiting for > 90 Relative Strength.
KOL    COAL FUND         Waiting for > 90 Relative Strength.
LL   LUMBER LIQUIDATORS    Buy Above $25.62 on Close.
MDR    MCDERMOTT INT’L.  Waiting for > 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO       Waiting for > 90 Relative Strength.

 

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 lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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Related Post

– Weekly Commentary July 9, 2017

Weekly Commentary July 9, 2017

SPX Weekly
S&P Must Stay Above the Red Line!

 

07/09/2017:  Markets were mixed again for the week, as the S&P 500 has been hoovering Above the Red Line (50-day avg.) for 6 weeks.  Several of the FAANG Stocks (AAPL NFLX & GOOGL) have Closed but their Red Lines.

The TECH Stocks are trying to hold Above the Support of the Red Lines (50-day avgs). The Leaders should re-test the Highs soon, as many Investments were back down in the Green Zones (probably too late to Sell for the Short Term). 

Long Term Interest Rates continued higher this week, and the US Dollar is still weak.

 

MONEY WAVE BUYS SOON:    We are currently in 4 logged Open Positions,  There are 5 Investments are on the Short Term Watch List.  

 

LONG TERM TRADES – The Funds below are currently out of favor, but historically could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy to pick up speed:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting for Green Zone Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND           Waiting for > 90 Relative Strength.
KOL    COAL FUND         Waiting for > 90 Relative Strength.
LL   LUMBER LIQUIDATORS    Waiting on a Green Zone Bounce.
MDR    MCDERMOTT INT’L.  Waiting for > 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO       Waiting for > 90 Relative Strength.

 

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 lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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Tell your Friend about us, and HELP ANIMALS.

 

QUESTION: Duane writes ” Is there a certain time that you have a Chat Session?
I have seen some comments by people that they have enjoyed the chat.”

ANSWER:  Thanks for writing Duane!

We will have another Chat Session on Saturday Morning July 15th, at 11:00am EDT.

Please log into the web site, and go here CHAT SESSION.

 

Related Post

– Money Wave Alert! Jul 5, 2017

Money Wave Alert! Jul 5, 2017

QQQ Index
NASDAQ 100 is trying to Firm Up!

 

Markets are mixed today, but the Techs are trying to firm up at the late June Support.

The DOW Index holding up the best. 

S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.  

 

Money Wave Buys soon!  
The Following Investments will probably have a Money Wave Buy Signal 
(Slow Stochastic Closing > 20) on today’s Close.

BUYS TODAY:   

ATVI   ACTIVISION   Money Wave Buy today. Place Sell Stop Below $55.86 on the Close.

EDU   NEW ORIENT ED.   Money Wave Buy today. We will not log, as EDU has poor Volume today

OMER   OMEROS CORP.   Money Wave Buy today. We will not log, as OMER has poor Volume today.

SQ   SQUARE INC.   Money Wave Buy today. We will not log, as SQ is already up more than 4% today.

 

Today has a large Watch List listed above for Money Wave Buys this week.

Money Wave Buy Signals soon:  We will email you when they are ready. Click on WatchList

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).

 

SELLS TODAY:  

EXIT   CENX   CENTURY ALUMINUM on the Close today, or have a tight Sell Stop Loss Below it.

 

Click for  PORTFOLIO  (Open Positions)

Click for  CLOSED POSITIONS

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 %  move in a few days. We will not log trades if the Reward/Risk is not at least 2:1.

Related Post

– Weekly Commentary Jul 2, 2017

Weekly Commentary Jul 2, 2017

QQQ Chart
Techs must Bounce this Week!

 

Monday July 3, 2017 is a Early Close Market Day: 1:00 pm EDT.

07/02/2017:  Markets were mixed for the week, but the TECH Stocks went back down to the Support of the Red Lines (50-day avgs). Many Investments are back down in the Green Zones (probably too late to Sell for the Short Term). 

Long Term Interest Rates and Commodity  prices turned up this week, as Crude Oil rallied 7%. The Commodity Funds still do not have high enough Relative Strength to add positions back into the Long Term Portfolio. (See Long Term Trades below).

 

MONEY WAVE BUYS SOON:    We are currently in 3 logged Open Positions,  There are 10 Investments are on the Short Term Watch List.  

 

LONG TERM TRADES – The Funds below are currently out of favor, but historically could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy to pick up:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting for Green Zone Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND           Waiting for > 90 Relative Strength.
KOL    COAL FUND         Waiting for > 90 Relative Strength.
LL   LUMBER LIQUIDATORS    Waiting on a Green Zone Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for > 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO       Waiting for > 90 Relative Strength.

 

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 lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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Tell your Friend about us, and HELP ANIMALS.

 

QUESTION: Toby writes “just wondered if stops on NVDA and EA are hard stops or after the close?”

ANSWER:  Thanks for writing!

Buys & Sells are normally based on CLOSING Prices (Closing Below Swing Low or Below Buy Price, or Below Pink Line).

If it looks like a Sell will be bought right back in the next day or so, sometimes we will LOWER the SELL STOP LOSS
(By text or email notification 15-30 minutes before the Market Close).

You should also follow the Portfolio List for current updates during the Day. This link is on each email, and on the Main Menu of the Web site under Portfolio.

 

Related Post

– Weekly Commentary Jun 25, 2017

Weekly Commentary Jun 25, 2017

XLK Chart
The Tech Fund Bounced at Red Line, but Relative Strength is Below 90.

 

06/25/2017:  Markets were up slightly for the week, but the TECH Stocks bounced at the Support of the Red Lines (50-day avgs) and were up 2%. Many Investments are already back up in the Red Zones (probably too late to Buy for the Short Term). 

Long Term Interest Rates continued down on possible Economic weakness, but the BioTech Fund broke out to the upside.

 

MONEY WAVE BUYS SOON:    We had gains in Blackberry & JD.com this week.

We are currently in 2 logged Open Positions,  There are 4 Investments are on the Short Term Watch List.  

 

LONG TERM TRADES – The Funds below are currently out of favor, but historically could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy to pick up:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting for Green Zone Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND           Waiting for > 90 Relative Strength.
KOL    COAL FUND         Waiting for > 90 Relative Strength.
LL   LUMBER LIQUIDATORS    Waiting on a Green Zone Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for > 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO       Waiting for > 90 Relative Strength.

 

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 lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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Tell your Friend about us, and HELP ANIMALS.

Related Post

– Weekly Commentary Jun 18, 2017