12/08/2019: Markets were up slightly for the week after dipping down near the Red Lines (50-day avgs.) on Monday. A few Leaders went down into their Green Zones for Money Wave Buys, but the pop ups have not been very good (most Investors are fully Invested). Crude Oil and Commodities were up after being weak and over-sold.
Volume has been lower as many are not willing to Buy anymore with the Stock Indices near New Highs.
The Markets are once again Way Above the Green Lines. Now could be a good time to lighten up on weaker positions you might own that are not making Highs. Then you will have Cash to Buy the Leaders when they return to their Green Zones.
For the week the Dow was down 0.09%, the SP 500 was up 0.18%, and the Nasdaq 100 was up 1.07%. The Long Term Trend on the Stock Markets is UP.
The Inflation Index (CRB) was up 2.57% and is Above the Green Line, indicating Economic Strength.
Bonds were down 1.31% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was down 0.48% for the week, after making a Lower High.
Crude Oil was up 7.30% for the week at $59.20, and GOLD was down 0.52% at $1465.10.
MONEY WAVE BUYS SOON:
We are currently in 1 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 INVESTMENTS
Buy the Leading Investments that are down near the weekly Green Zones.
ATUS ALTICE USA Buy if it Closes above $27.53 on High Volume.
BHC BAUSCH HEALTH CO. Buy if it Closes above $29.20 on High Volume.
BLL BALL CORP. Buy if it Closes above $67.87 on High Volume.
GE GENERAL ELECTRIC CO. Relative Strength is Below 80 required for Large Caps.
MTCH MATCH GROUP INC. Buy if it Closes above $72.50 on High Volume.
NWL NEWELL BRANDS Buy if it Closes above $20.84 on High Volume.
SBUX STARBUCKS CORP. Buy if it Closes above $86.79 on High Volume.
Click for Portfolio (Open Positions)
Click for Watch List
Click for Closed Positions
Long Term Strategy for IRAs & 401k Plans: Currently invested in all 4 Funds.
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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