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April 21, 2019

Green Line Weekly Apr 21, 2019

MRK Weekly Chart
Some Drug Stocks are quickly back down near the Green Line (MRK).

 

HAPPY EASTER TO ALL!

04/21/2019:  Markets were mixed again for the week, as the major Indices are back up near the Sept. Highs. Normally Indices will struggle at previous Highs (Resistance), and the Markets have quickly rallied 24 % up from the Dec. Lows without much pull-back.

For the week the Dow was up 0.56%, the S&P 500 was down 0.05%, and the Nasdaq 100 was up 0.81%.  The very Long Term Trend on the Stock Markets is UP.  

The Inflation Index (CRB) was down 0.65% and is slightly Above the Green Line, indicating Economic Strength.

Bonds were up 0.19% for the week and are Above the Green Line, indicating Economic Weakness.

The US DOLLAR was up 0.65% and is over-bought. 

Crude Oil was up  0.28% for the week at $64.07, and GOLD was down 1.48%  at $1276.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 7 logged Open Positions, for the Short & Medium Term.  There are 5 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________________________

LONG TERM TRADES 

Buy the Leading Investments that are down near the weekly Green Zones.   

AVP    AVON PRODUCTS      Buy if is Closes above $3.41 on High Volume.   

BSX   BOSTON SCIENTIFIC    Wait for a Close above the Red Line of $38.00.   

CIEN   CIENA CORP.  Wait for a Close above the Red Line of $38.20.   

DXCM   DEXCOM INC.    Wait for a Close above the Red Line of $128.52.   

KTOS   KRATOS DEFENSE    Wait for a Close above the Red Line of $15.54.   

MEET    THE MEET GROUP    Wait for a Close above the Red Line of $5.30.   

MRK    MERCK & CO.    Wait for next Daily Money Wave Buy Signal.
___________________________________________________________________________________________

 

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 better, when the % of stocks above the 50-day avg. is below 20. 

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Related Post

– Green Line Weekly Apr 14, 2019

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