Above The Green Line

Archives for May 2017

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Money Wave Alert! May 24, 2017

SPX Chart
S&P 500 is Near the 2405 Resistance!

 

The Markets are up again today as the S&P 500 is near the 2405 Resistance, on lower Volume. Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term). The Strongest Indices (Naz 100, Semis & Techs), are back up at the recent Highs.  Failing to make New Highs should cause selling.

Rather than Buy every Money Wave Buy Signal, it is usually better to WAIT for the very Strongest Investments that just made fresh new Highs (AAPL DDD EA JD LL MAR SINA, etc.)  to come back down in their Green Zones for Money Wave Buys. THIS WILL HAPPEN…

The Reward / Risk  ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.

 

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:   AZN   ASTRAZENECA PLC   Money Wave Buy today. We will not log this trade, as AZN is Way Above the Green Line.

We will Buy  MDXG   MIMEDX GROUP   under $13 tomorrow, with a Sell Stop at $12.60 on the Close. Yesterday MDXG bounced 7.7% off the Lows ($12.60 Support), and should go down once again.

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

 

SELLS TODAY:  EXIT   VIAV   VIAVI SOLUTIONS if it is going to Close below your Buy Price, or $11.38.

 

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.

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Money Wave Alert! May 23, 2017

QQQ Chart
The Battle at the High Continues!

 

The Markets are up slightly today on low Volume, as the Strongest Indices (Naz 100, Semis & Techs), are back up near the recent Highs. As the NAZ 100 has rallied back up (see Chart above), the Volume has dried up (normally Bearish). Failing to make New Highs should cause selling.

Rather than Buy every Money Wave Buy Signal, it is usually better to WAIT for the very Strongest Investments that just made fresh new Highs (AAPL DDD EA JD MAR SINA, etc.)  to come back down in their Green Zones for Money Wave Buys. THIS WILL HAPPEN…

The Reward / Risk  ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.

 

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:  Maybe MDXG   MIMEDX GROUP   will have Money Wave Buy  today (Close > 20).  We will not log as MDXG is 7.7% above this morning’s Low (Support).

 

Money Wave Buy Signals soon:     AZN   ASTRAZENECA PLC,     MDXG   MIMEDX GROUP.    We will email you when they are ready. Click on WatchList

 

SELLS TODAY:  NONE TODAY

 

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.

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Money Wave Alert! May 22, 2017

AAPL Chart

Can Apple Make a New High this time Up? 

The Markets are up again today on low Volume, as the Strongest Indices (Naz 100, Semis & Techs), are going back up again to re-test the recent Highs. Looks like AAPL will give us the clue soon. We should find out soon how much money is left to Buy into the Markets at these levels. Failing to make New Highs should cause selling.

The S&P 500 is back Above the Red Line (50-day avg.) and avoided a Medium Term Sell Signal. Resistance on the S&P 500 is at 2405. 

The very Strongest Investments just made fresh new Highs recently(AAPL DDD EA JD MAR SINA, etc.)  Wait for the Leaders come back down in their Green Zones for Money Wave Buys.

The Reward / Risk  ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.

 

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:   EXAS   EXACT SCIENCES   Money Wave Buy today.  We will not log as EXAS is already up > 3%.

VIAV   VIAVI SOLUTIONS   Money Wave Buy today.   We will not log as VIAV is already up > 3%.

WYNN   WYNN RESORTS   Money Wave Buy today.  We will not log as WYNN is Way Above the Green Line.

Money Wave Buy Signals soon:     DV   DEVRY INC,   MDXG   MIMEDX GROUP,   &   SCSS   SELECT COMFORT.   We will email you when they are ready. Click on WatchList

 

SELLS TODAY:  NONE TODAY

 

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.

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Weekly Commentary May 21, 2017

UUP Chart
The US Dollar is Now Below the Green Line!

 

05/21/2017:  Markets were down slightly for the week, after rebounding from Wednesday’s Dump. McDonalds Corp. is up 36% since crossing back Above the Green Line after the Election, and is still 20% Above the Green Line. Apple Inc. is up 51% since the Election, and is still 23% Above the Green Line. To expect more from these stocks or the Market anytime soon, is NOT REALISTIC based on history.  

WHEN you Buy, is many times more important than WHAT you Buy… Smart Money Bought on FEAR before the Election, when Mark Cuban and others said the Markets would tank… Now the Mutual Funds have very little Cash left, and Tammy wants them to BE IN THIS MARKET. It is now hard to find Insiders or Officers of companies buying their stock now (Buy when Insiders Buy).

The US Dollar has dropped Below the Green Line since January, which can be good for Tech & Semiconductor Companies, but can also result in higher prices and Inflation down the road.

Many of you are Longer Term, and Buy & Hold Investors that don’t want to be warned about Over-Bought Markets. However, Market pull-backs are healthy, and should create better trading than what we have now.

 

MONEY WAVE BUYS SOON:    There are currently only 1 Open Positions,  and 6 Investments are on the Short Term Watch List.   Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – The BRAZIL FUND EWZ tanked this week, so we will probably try to EXIT soon around the Red Line of $37.00.

We are looking for a good Entry Point for these, which could possibly Double:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting on a Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND            Waiting on a Green Zone Pull-back.
KOL    COAL FUND         Waiting for a Bounce off the Green Line.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up & Above 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO   Waiting for Bounce off the Green Line.
WFM   WHOLE FOODS MARKET   Waiting on a Pull-back.

 

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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Money Wave Alert! May 19, 2017

QQQ Chart
The NASDAQ 100 is the Strongest Index.

 

The Markets are bouncing again today, as the Strongest Indices (Naz 100, Semis & Techs), are going back up again to re-test the recent Highs. We should find out soon how much money is left to Buy into the Markets at these levels. Failing to make New Highs should cause selling.

The S&P 500 is going to Close back Above the Red Line (50-day avg.) to avoid a Medium Term Sell Signal. Resistance on the S&P 500 is at 2405. The Financials have become much weaker, so be careful (Tammy is all in, betting that all is well).

Wait for the Leaders come back down in their Green Zones for Money Wave Buys.  The Strongest Investments just made fresh new Highs recently(AAPL DDD EA JD MAR SINA, etc.)  

The Reward / Risk  ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.

 

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:   NONE TODAY    Several now have Relative Strength < 90.

Money Wave Buy Signals soon:     DV   DEVRY INC,   EXAS   EXACT SCIENCES,    SCSS   SELECT COMFORT,   VIAV   VIAVI SOLUTIONS  &   WDC   WESTERN DIGITAL   &    WYNN   WYNN RESORTS.  We will email you when they are ready. Click on WatchList

 

SELLS TODAY:  NONE TODAY

 

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.

HAVE A NICE WEEKEND!

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