4/18/2021 Markets were higher again for the week and the S&P 500, the NASDAQ 100, and DOW 30 Indices were able to make New Highs again. But the Small Caps and many Leaders still need to make New Highs for the 1 year rally to continue.
Did your Emotions allow you to Buy last Spring when the Markets tanked from the Virus? Most Investor did not Buy then because the Media scared them into waiting, or Selling. Now the Media is talking about how good everything is, and most are piling into the Markets after a HUGE 85 % rally. From the Chart above, you can see where Smart Money (and the Green Line) completely ignored the Media and bought last year in the Green Buy Zone. Now Smart Money is Taking Profits (Distributing) Huge Gains to the HERD.
A monkey can be trained to Buy in the Buy Zone, and Take Profits in the Sell Zone. But monkeys do not have Human Emotions, and are not Greedy. Smart Money is the same way: Buy Fear and Sell Greed. Smart Money has a roadmap to follow the Money, like the Chart above. What is your roadmap?
For the week the Dow was up 1.22%, the S&P 500 was up 1.40%, and the Nasdaq 100 was up 1.45%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 3.46% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were up 1.27% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was down 0.64% for the week.
MONEY WAVE BUYS SOON
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (Several Leaders have pulled back, but Markets are on Highs.)
BE BLOOM ENERGY CORP. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
FCEL FUELCELL ENERGY INC. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
LAC LITHIUM AMERICAS FUND Buy if it Closes above the Red Line (50-day avg.) with High Volume
PLUG PLUG POWER INC. Buy if it Closes $39.97 with High Volume.
XBI BIOTECH FUND Buy if it Closes above the Red Line (50-day avg.) with High Volume.
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