8/8/2021 Markets were higher for the week, as the S&P 500, NASDAQ 100 & DOW 30 Indices made New Highs again. Many are hoping that the Markets will continue higher until the FED tapers on the massive printing of Money. But one FED Governor hinted this week that they could start tapering earlier, maybe in September…
Remember, Market valuations are historically High because of Low Interest Rates (from FED Printing). Markets are Way Above the Green Lines, and will return to the Green Lines like they always do. So we are cautious in Buying much with the Markets up near the Highs. Conservative Investors might want to Raise Some Cash or have Sell Stop Losses in, to be able to Buy when the FED or the Media creates some Bad News to cause 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.
For the week the Dow was up 0.75%, the S&P 500 was up 0.91%, and the Nasdaq 100 was up 1.00%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was down 1.56% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 1.04 % for the week, and are back Above the Green Line, indicating Economic Contraction.
The US DOLLAR was up 0.66% for the week.
Crude Oil was down 7.67% for the week at $68.28 and GOLD was down 2.98% at $1763.10.
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MONEY WAVE BUYS SOON
We are currently in 3 logged Current Positions, for the Short & Medium Term. There are 8 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM INVESTMENTS (Some Leaders have pulled back , but Markets are near Highs.)
CZR CAESARS ENTERTAINMENT Buy if it Closes above the Red Line (50-day avg.) with High Volume.
F FORD MOTOR CO. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
GME GAME STOP CORP. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
KIRK KIRKLAND’S INC. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
KOPN KOPIN CORP. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
TRIP TRIPADVISORS INC. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
URA URANIUM FUND Buy if it Closes above the Red Line (50-day avg.) with High Volume.
XOP OIL & GAS EXPLORATION FUND Buy if it Closes above the Red Line (50-day avg.) with High Volume.
ZKIN ZK INT’L. GROUP Buy if it Closes above the Red Line (50-day avg.) with High Volume.
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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.
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QUESTION: Winter writes ““Don’t take a Loss” confuses me. What does that mean?”
ANSWER: When the Investment has a Money Wave Buy Signal, it should pop up 3-6 % in just a few days.
If it is not popping up well, and the Money Wave > 50, either Get the H out, or Don’t Take a Loss! (Get Out Even).
Something must be Wrong. There will be plenty more Money Wave Signals soon… Raise Cash, and don’t get Stuck! Wait for the next one.
Good trading and tell your friends!
ATGL