8/15/2021 Markets were higher again for the week, as the S&P 500 & DOW 30 Indices made New Highs. The Markets don’t seem to care about anything negative like Inflation or the Virus until the FED slows down on Printing. The 12 year Bull Market (longest in history) has been propped up from FED Printing, and most do not expect to the FED to begin tapering until their September meeting, at the earliest.
However, Market internals have been weakening (breadth, Volume, New Highs, etc.) which are normally warning signs of a Market pull-back. Smart Money is watching the M2 Money Supply, which is still growing monthly and is giving the Markets a “sugar high”. From the Chart above, you can see that the M2 Money Supply monthly growth rate could be flattening out. This slowdown on the Money Supply growth is probably the cause for the Market internals to weaken. And maybe the FED is finally getting worried about the Investment “bubbles” they have created from super low Interest Rates.
If you continue to Follow 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. No predicting here, just Following the Money.
For the week the Dow was up 0.94%, the S&P 500 was up 0.78%, and the Nasdaq 100 was up 0.21%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 1.15% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were up 0.52 % for the week, and are back Above the Green Line, indicating Economic Contraction.
The US DOLLAR was down 0.31% for the week.
MONEY WAVE BUYS SOON
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (Some Leaders have pulled back , but Markets are near Highs.)
Updated Top 100 List Aug 1, 2021
Dividend Growth Portfolio
ETF Sector Rotation System
Dogs of the DOW System
Long Term Strategy for IRAs & 401k Plans
CNN Fear & Greed Index
Scrolling Stage Chart Investing Charts
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.
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QUESTION: Praveen writes “I am not receiving intra-day alerts for the buy and sell I am just getting end of day email. can you help?”
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