For busy investors that don’t have time to Swing Trade, we now have a simple Strategy: Top Pick of the Week. You Buy the “Pick” on Monday morning, and then Sell on Friday’s Close.
This week: RBLX ROBLOX CORP. to retest the recent high again.
This “Pick” will be emailed to you on Sunday, and we will track the performance weekly. If the stock exceeds the 15% target before Friday, it will be sold immediately to lock in profits. Otherwise, the stock is sold at Friday’s market close, regardless of the outcome (more details here).
During the week you can view the current Weekly Stock Pick Charts.
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SWING TRADING (SHORT TERM)Watchlist and Charts
| Watch List | Watch List Charts |
| Current Positions | Current Charts |
| Closed Results | Trading Dashboard |
Current Pick and Chart
| Top Pick of the Week | Featured Stock Chart |
12/1/2024 Markets were higher for the week as the Indices are retesting the recent highs. Some of the Indices have gone slightly higher, and the Indices must keep making higher highs for the Rally to continue. Markets are currently very over-bought from FOMO and panic Buying (Way Above the Green Lines).
Bonds are finally had a nice bounce up from being very over-sold, and has helped Stocks.
Bit-Coin is very over-bought and should be having a Buying Climax soon.
We Buy the strongest Leaders that make new highs, on pull-backs. So follow the Green Line System and you should continue to win more than you lose. SEE WATCH LIST
With the Green Line System, your Money should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA.
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For the week the Dow was up 1.56%, the S&P 500 was up 1.18% and the NASDAQ 100 was up 0.78%. The major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.
The Inflation Index (CRB) was down 1.02% the week and is Above the Green Line, indicating Economic Expansion.
Bonds were up 3.96% for the week, and are Above the Green Line, indicating Economic Contraction.
The US DOLLAR was down 1.56% for the week.
Crude Oil was down 4.34% for the week at $68.15 and GOLD was down 1.15% at $2681.00.
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DAY TRADERS: We are doing many profitable Day Trades on our Discord Trading Hub (free). Please join Discord or X (Twitter) with your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.
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SWING TRADE BUYS SOON:
We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 4 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
Completed Swing Trades thru Nov. 2024: 260 Trades, + 1055% Total. Avg. Trade = 4.06 % Gain (before taxes and commissions).
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LONG TERM WATCH LIST
ATGL Long Term Weekly Watchlist- Click here for scrolling charts.
GDX GOLD MINERS FUND Bought on Friday, Target $43.
Completed Long Term Trades thru Nov. 2024: 43 Trades, +270.71% Total, or 6.3% / Trade (before taxes & commissions).
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Important Links| Top 100 | Stage Chart Investing | CNN Fear & Greed Index |
| Dividend Growth Portfolio | ETF Sector Portfolio | Dogs of the Dow |
| Long Term Strategy | Stage Chart Investing | Articles |
Alert! Market Risk is Medium (YELLOW). 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.
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5 Ways to Get your Daily Money Wave Email & Trade Alerts:
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- Emailed to your box between 3:45 – 3:50 pm EST.
- Website menu Commentary/Buy/Sell Signals
- Discord Chat. and X (Twitter) @AboveGreenLine are the fastest for Alerts (please set up “mobile notifications”)
- Text messages: Email us your Cell number & phone carrier (slower results).
Thank you,
ATGL