03/10/2019: Markets were down for the week, as the Strongest Leaders are finally coming back down to their Green Zones for Money Wave Buys soon. Please see the Watch List below and Wait for Buy Signals from your emails or Tweets.
The Strongest Leaders that made recent Highs are: ABT ARRY BA CIEN COUP ETSY GRMN HZNP KEYS KL LLY LSCC NVTA OKTA SE TEAM TNDM TWLO VMW W & XLNX to Buy on pull-backs.
For the week the Dow was down 2.21%, the S&P 500 was down 2.13%, and the Nasdaq 100 was down 1.90%. The very Long Term Trend on the Stock Markets is UP. All of the major US Indices except for the Small Caps (IWM) are Above the Green Lines.
The Inflation Index (CRB) was down 0.45% and is Below the Green Line, indicating Economic Weakness.
Bonds were up 2.45% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was up 0.97%, a new 52-week High.
Crude Oil was up 0.48% for the week at $56.07, and GOLD was unchanged at $1299.
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MONEY WAVE BUYS SOON:
We are currently in 9 logged Open Positions, for the Short & Medium Term. There are 7 Investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM TRADES
Buy the Leading Investments that are down near the weekly Green Zones.
ACAD ARCADIA PHARMA Wait for the next Daily Money Wave Buy Signal.
AVP AVON PRODUCTS Wait for the next Daily Money Wave Buy Signal.
CYH COMMUNITY HEALTH Buy if it Closes above $5.06.
LW LAMB WESTON HOLDINGS Buy if it Closes above $71.20.
ODP OFFICE DEPOT Wait for the next Daily Money Wave Buy Signal.
PFE PFIZER, INC. Wait for the next Daily Money Wave Buy Signal.
SBGL SIBANYE GOLD Wait for the next Daily Money Wave Buy Signal.
UAL UNITED CON’T. AIR Wait for the next Daily Money Wave Buy Signal.
VER VEREIT, INC. Relative Strength is Below 90. (7% Dividend)
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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 % of stocks above the 50-day avg. is below 20.
Tell your Friends about the Green Line, and Help Animals.
QUESTION: Steve writes ” What is the deciding factor for you to say “Caution! Way above the Green Line? Thank you.”
ANSWER: Hi Steve, Way Above the Green Line means that if you Buy up there, you will probably have a “Sick Feeling” when the Investment eventually returns to the Green Line.
Good trading, and tell your friends!