Market-2

 

 

04/09/2017:  Markets were down slightly for the week, as the weekly bounce of the major Indices off of the Red Lines was not impressive. Usually the bounce would quickly go back up to the Highs, or higher… Falling below the Red Line would indicate that the Correction has arrived.

Bonds are back up near Resistance Support, so probably not much movement anywhere until the Economy shows more speed, or slows down…

Crude OIL was up 2% for the week,  but it needs to Close above $55.24 for a Bull to begin.

 

MONEY WAVE BUYS SOON:    There are 2 Open Positions,  and 10 Investments are on the Watch List.

ON DECK to Buy soon:  Watch List.

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possibly Double:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up & Above 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.

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

Alert! Market Risk (Yellow 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: Mike asks “When you say “you will not log the trade” what does that mean?

Thanks…”

ANSWER: Hi Mike, if the Reward / Risk is not 2:1 of better we will not log the trade (or count it in our Performance Record).

Some members want to see every mechanical Money Wave Buy Signal,  but the Money Wave pops are usually only good for 3-5 % in the Short Term.

If a stock is already up >3%, we will normally not log the trade.  Good trading, and tell your friends!

 

 

Related Post

– Weekly Commentary for Apr 1, 2017

 

04/01/2017:  REALITY CHECK TIME. Since the Trump Rally began on Nov 8th (or when the Market bounced off the Green Line), the S&P 500 is up 10.8%. If you are expecting more upside on the Markets without a pull-back, you will probably be disappointed.

The most recent Money Wave Pops this week have been small, because most of the Buyers are in the Markets… Their Money has been placed. There is not an Unlimited amount of Money, because the Professionals will take profits and try to make more by trading the Over-Bought zigzags.  

You should look forward to a Correction, so the Money Wave Pops will be larger again.

Since the Trump Rally began, we have completed 40 Short Term trades,  averaging 2.26% per trade, with 23 wins & 17 losses.

The Long Term Portfolio is struggling, as the Herd continues to pile in the favorite companies selling at 5-10 times Book Value. They won’t touch the discounted Tangible sectors like Steel, Oil, & Copper companies, of which many are selling at or below Book Value (until Inflation finally comes back). 

 

Markets were up for the week, as the major Indices bounced off of the Red Lines, and are going back up to re-test the early March highs.  The Financials might not make it back up, indicating a Correction soon.

Crude OIL was up 5% for the week, as it bounced at the Green Line. Oil needs to Close above $55.24 for a Bull to begin.

 

MONEY WAVE BUYS SOON:    There are 9 Open Positions,  and 3 Investments are on the Watch List.

ON DECK to Buy soon:  CLVS   CLOVIS ONCOLOGY,   ESPR   ESPERION THERA,  &, INCY   INCYTE CORP.

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up.

 

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

Alert! Market Risk 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.

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– Weekly Commentary Mar 26, 2017

 

03/26/2017:  Longer Term Interest Rates and Commodities dropped for the week on possible economic weakness from political issues.  The Financials need higher rates to go up much more, and Goldman Sachs is no longer the Leading DOW Stock, as it broke Below it’s Red Line.

Markets were down over 1%, as the Indices Failed below the early March highs. Most of the Leaders were in the Red Zones last week, but now many are quickly back in the Green Zones. The NYSE Chart is down to the Red Line, and should bounce again (actually a little FEAR now). 

Crude OIL is in the Weekly Green Zone, and needs to bounce soon, for a Bull to begin.

We don’t worry… There should always be Investments going up EVERY YEAR that meet the Green Line Rules. Raise some CASH, and wait… When Tammy dumps on some BAD NEWS, and we will be ready to BUY!

 

MONEY WAVE BUYS SOON:    There are 11 Open Positions,  and 6 Investments are on the Watch List.

ON DECK to Buy soon:   ADI ANALOG DEVICES,  GS   GOLDMAN SACHS, INCY   INCYTE CORP,  NFLX   NETFLIX INC,   VALE   VALE DE RIO,  &  X   US STEEL.

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up.

 

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

Alert! Market Risk Medium (Yellow 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: David writes “What do you think of the analyst’s opinions (buy, neutral, sell) in regards to your strategy? Thanks!”

ANSWER:  Analyst opinions are predictions and many are not scientific. Using the Green Line System, we are not PREDICTING, we are following the FLOW OF MONEY.

We are only Buying from the TOP 10% of all liquid Investments.
We are only Buying Investments Above the Green Line (more Buyers than Sellers).

You can follow some analyst, that might be hired to say the wrong thing, or you can Follow the Money (High Relative Strength + Above the G L).

Related Post

– Weekly Commentary Mar 19, 2017

 

03/19/2017:  WHY DO INVESTMENTS RETURN TO THE GREEN LINE? There is NOT an unlimited amount of Money that goes into the Stock Market. The Green Line is a good gauge of where Markets would be if you took out all of the Human Emotion. When Investors feel very confident, they tend to pile in and over-buy. They are afraid they will miss out on the rally, and Human GREED causes most to make bad decisions, and Buy Way Above the Green Line.

When the Professionals can see that the Herd has over bought (Indicators are at the top of their trading range), they begin to take profits. The current Trump Rally since Nov 8th is one of the Highest levels of confidence in history, so the rally has been very slow to correct…

When Investors lack confidence like on Nov 7th before the Election, The Markets dropped down to the Green Line. The Professional saw that the Markets would not tank. The Indicators were close to the bottom of the range, and FEAR was in the air… So they BOUGHT (Buy FEAR, Sell GREED).

 

Markets were up slightly for the week, as the Indices are going back up to re-test the recent highs. If the NYSE Chart above cannot make new highs this week, selling could come in. Optimistic Investors are fully in these Markets, expecting total perfection, and could be disappointed. 

 

We don’t worry… There should always be Investments going up EVERY YEAR that meet the Green Line Rules. Raise some CASH, and wait… When Tammy dumps on some BAD NEWS, and we will be ready to BUY!

Please check out the new STAGE CHART INVESTING page.

 

MONEY WAVE BUYS SOON:    There are 9 Open Positions,  and 2 Investments are on the Watch List.

ON DECK to Buy soon:  GV   GOLDFIELD CORP, &   CFG    CITIZENS FINANCIAL.

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up.

 

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

Alert! Market Risk 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 Mar 12, 2017

 

03/12/2017:  Markets were down slightly for the week, as the Indices have corrected a little. Optimistic Investors are fully in these Markets, expecting total perfection. 

Consumer Confidence is at  a 15 year High… While that is great news, it is more of a Sell Signal for Smart Money (Buy Bad News, Sell Great News).  This Wednesday,  the FED will probably RAISE short term Interest Rates. but nobody Cares, YET.

The Bonds & Commodities have been going down together … Historically they move opposite (Bonds love Slow growth, and Commodities  love Fast growth) so one is going to be totally wrong, and we should find out soon.

Since Commodities are historically Low and most do not own them yet, they will probably turn up and we will end up with Inflation… There is still a chance that the FED raises Rates (or tightens) too much and we go back into a slow-down.

We don’t worry… There should always be Investments going up EVERY YEAR that meet the Green Line Rules. Raise some CASH, and wait… there will be some BAD NEWS, and we will be ready to BUY!

 

MONEY WAVE BUYS SOON:    There are 5 Open Positions,  and 13 Investments are on the Watch List.

ON DECK to Buy soon: AKS   AK STEEL ,   ARNC   ARCONIC INC, CENX  CENTURY ALUMINUM,    CLF  CLIFFS NAT’L RES.  CSX   CSX CORP,    FCAU   FIAT CHRYSLER,  JPM   JP MORGAN,  KRE   BANKING INDEX,   LUV   SOUTHWEST AIR,    VALE   VALE DE RIO,  X   US STEEL,   XME   METALS & MINING FUND. 

Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

JJC     COPPER FUND            Waiting on a Pull-back.
KOL    COAL FUND         Waiting for a Pull-back.
MDR    MCDERMOTT INT’L.  Waiting for a Pull-back.

 

Click for  Open Positions   

Click for  Closed Positions

Alert! Market Risk 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:  Eric K writes: “I’ve been subscribed for a couple days now, but the text alerts are always coming out after market close, so if there was a signal to buy/sell it wouldn’t matter.

Are the notifications always this delayed?”

ANSWER:

Thank you for writing, Eric.
The Intra-day emails and text go out between 3:30 -3:45 EST… The texts are going to your phone carrier, but are not always routed timely to your phone.

Instead, you should Follow is on Twitter @AboveGreenLine . Today’s Tweet was time stamped :  3:36 PM EST.

Go to @AboveGreenLine and follow us, and make sure you click on the 3 dots to “turn on Mobile notifications”. You will be impressed.

Also, all of  the emails are always on the Main Menu under Commentary/ Buy & Sell Signals.

Good trading, and tell your friends!

Related Post

– Weekly Commentary Mar 5, 2017