02/22/2020: Markets were down for the week as the weaker Indices (Small Caps, NYSE & Transports) could not make Higher Highs. The lack of new Buying caused some profit taking to come in. The S&P 500, DOW 30, and NASDAQ 100 Indices were able to make New Highs, which is Bullish. The Leaders and Indices are still Way Above the Green Lines, but are finally coming down towards the Green Zones for Money Wave Buys soon.
It is rare for Bonds and Gold to be making highs together this week. Investors are very confused. The CNN Greed Index is down to 44.
New Subscribers: The Leaders and strongest Indices are quickly coming down from the Red Zones. Please be patient and WAIT for Green Zone Buys again.
For the week the Dow was down 1.36%, the S&P 500 was down 1.22%, and the Nasdaq 100 was down 1.86%. The Long Term Trend on the Stock Markets is UP.
The Inflation Index (CRB) was up 0.98% and is Below the Green Line, indicating Economic Weakness.
Bonds were up 2.41% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was up 0.26% for the week and made New Highs.
Crude Oil was up 2.56% for the week at $53.38, and GOLD was up 3.93% at $1648.80, a 1 year High.
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.
AG FIRST MAJESTIC SILVER Buy if it Closes above the Red Line of $10.30 on High Volume.
ARWR ARROWHEAD PHARMA. Buy if it Closes above $46.42 on High Volume.
CYH COMMUNITY HEALTH SYSTEMS Broke Out above $4.90. Buy on the next Daily Money Wave Buy Signal.
DB DEUTSCHE BANK Buy on the next Daily Money Wave Buy Signal soon.
GDX GOLD MINERS FUND Buy if it Closes above $31.06 on High Volume.
GE GENERAL ELECTRIC CORP. Buy on the next Daily Money Wave Buy Signal soon.
NWL NEWELL BRANDS Buy if it Closes above $20.84 on High Volume.
Click for Portfolio (Open Positions)
Click for Watch List
Click for Closed Positions
New ETF Sector Rotation System
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.
Tell your Friends about the Green Line, and Help Animals
QUESTION: Alberto writes “AGL: Little question: what does the green dot on the portfolios holdings mean? Thank you.”
ANSWER: Hi Roberto, please click on the Symbol Link for a Daily Chart, and on the Green Dot to see the 60-min Chart of the Investment.
Good trading, and tell your friends!
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