8/29/2021 Markets were higher for the week, as the FED said they will not begin the tapering of their massive Printing until the third quarter. So maybe the Indices will be able to remain stretched Way Above the Green Lines for a while longer. Eventually there will be a pull back. Some Indices made New Highs, but much of the Money has rolled into the very largest capitalized Stocks. Crude Oil surged back up 10.6% this week.
Several of the strong Stocks below that had corrected down near the Green Lines had some nice bounces up this week (Long Term Scrolling Charts). But it is getting harder to find many Stocks that are making significant progress and New Highs. Market internals have been weakening (breadth, Volume, New Highs, etc.) which are normally warning signs of a Market pull-back.
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.
We are having good success lately by using Triple Buy Signals on the Day Trading Scrolling Charts.
For the week the Dow was up 0.97%, the S&P 500 was up 1.55%, and the Nasdaq 100 was up 2.26%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was down 5.90% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 0.72% for the week, and are Above the Green Line, indicating Economic Contraction.
The US DOLLAR was down 0.87% for the week and is back Above the Green Line.
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.
Tell your Friends about the Green Line, and Help Animals.
A considerate comment from Duanega:
Your web site is outstanding! You are correct, when you say, if you want to make money in stocks, Follow Above the Green Line, especially when you see a Triple Buy Signal.
Plus I went on my computer and saw how you have expanded so much in the last year. I have been following you for 4 years, and the last 6 months I have followed quite a few trades and done extremely well!!