S&P 500 is Way Above the Green Line.
02/12/2017: THE BIG PICTURE: The Herd feels great and is very hopeful about the Economy. Mutual Fund Cash is at record Lows… Historically this means that most of the $$$ are already in the Stock Markets, like in 2007. If we really are really going to have 4%+ GDP Growth again, normally Interest Rates & Inflation will rise, and Bonds will drop… The FED will historically tighten (or raise Rates) too much, and OOPS we are in a SLOWDOWN! The Markets would then DUMP way more then they should, and Mutual Funds would have to RAISE CASH Levels as the HERD wants OUT…
But there should always be Investments going up EVERY YEAR that meet the Green Line Rules.
But to expect another double from AMAZON (AMZN Chart) or NVIDIA (NVDA Chart) from these levels is not realistic, as they are in the “Parabolic Climax” Stage of Human Emotional Buying.
You must be willing to “Follow the Money” later this year, not the Media… We will guide you where the Smart Money is going… Don’t Predict or have Feelings about what will happen. If you follow the Green Line Rules, you will be fine.
Most Investments today have Below 90 Relative Strength and you should try to OWN THE VERY STRONGEST… If you mess around in the weaker ones, you could get STUCK in them later this year!
Markets were up to record Highs for the week, but only about 1/3 of the Leaders are making New Highs this time, so expect a pull-back soon.
We are getting many Short Term Money Wave Buy Signals, but many of the POPS have not gone very far. The recent Market pull-backs have been small since the Trump Rally began on Nov 8th. To have nice rallies, you needs larger corrections. They will eventually come, after Tammy and the Mutual Funds spend all or their Cash.
Raise some CASH, and wait… there will be some BAD NEWS, and we will be ready to BUY!
MONEY WAVE BUYS SOON: There are currently 9 Open Positions.
ON DECK to Buy soon: STM 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:
UGA US GASOLINE FUND Waiting to see if it will hold Above the Green Line.
JJC COPPER FUND Weekly Red Zone. Waiting on a Pull-back.
MDR MCDERMOTT INT’L. Waiting for a Pull-back
OIH OIL SERVICE FUND Slowly pulling back.
SN SANCHEZ ENERGY Weekly Red Zone. Waiting on a Pull-back.
Please view the WATCH LIST for pending Money Wave Buys.
Wait for Money Wave Buy Signals. We will email you when they are ready.
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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AGL