12/05/2021 Markets were down again for the week, as the major Indices are relieving the over-bought condition (Way Above the Green Lines). The weaker DOW 30, NYSE, and Small Cap Indices are almost down to their Green Lines, as Investor’s FEAR shot up. The CNN Fear & Greed Index (see above) was up to 82 at the Market Highs last month (GREED – SELL) and now is quickly down to 20 (FEAR -BUY). Smart Money Buys on FEAR and SELLS on GREED.
Don’t let the Media turn you into Tammy, who always invests backwards Tammy bought last month Way Above the Green Line on Great News & Earnings (GREED). Now Tammy is Selling on FEAR and Bad News, because she does not know where the Green Line is.
The high Volume Leaders that are holding up well are: QQQ XLK XLY ITB SPY SMH AAPL AMD BX F HPQ LAC M MSFT NVDA PFE QCOM & TSLA. These should bounce back up soon to re-test the recent Highs. Try to Buy Investments that will bounce up off the Red Lines (50-day avgs.) as they normally pop up first.
We have not had many intra-day Stocks Alerts as the Volume has been too Low on most Investments.
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.
There has been plenty of action on the Day Trading Scrolling Charts.
NEW! DAY TRADING CHARTS FOR INDICES & LARGE CAPS.
For the week the Dow was down 0.80%, the S&P 500 was down 1.21%, and the NASDAQ 100 was down 2.06%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was down 2.68% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were up 2.66% for the week, and are back Above the Green Line, indicating Economic Contraction.
The US DOLLAR was up 0.01% for the week and is Above the Green Line.
Crude Oil was down 2.77% for the week at $66.26 and GOLD was down 0.09% at $1783.90.
MONEY WAVE BUYS SOON
We are currently in only 3 logged Current Positions, for the Short & Medium Term (We have plenty of Cash to Buy the Leaders that are back down in the Green Zones, soon). There are 10 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (many Large Caps no longer have 80 Relative Strength required.)
Long Term Scrolling Charts (Real Time)
BCRX BIOCRYST PHARMA. Buy if it Closes above $13.27 with High Volume.
BTU PEABODY ENERY CORP. Buy if it Closes above $12.17 with High Volume.
COF CAPITAL ONE FINANCIAL Wait for the next Daily Money Wave Buy Signal with High Volume.
DBC COMMODITY FUND Wait for the next Daily Money Wave Buy Signal with High Volume.
ERJ EMBRAER AIRCRAFT Wait for the next Daily Money Wave Buy Signal with High Volume.
RSX RUSSIA FUND Wait for the next Daily Money Wave Buy Signal with High Volume.
SB SAFE BULKERS INC. Bought this week above $3.68. Target is $5.25. EXIT if it is going to Close below $3.34.
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Swing Trading Scrolling Charts
Day Trading Scrolling Charts
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Click for Current Positions
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Updated Top 100 List Dec 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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