1/9/2022 Markets were lower for the week, as the Treasury Bonds dumped 4%, causing higher Interest Rates on Mortgages. This also caused the Big Techs to pull back on profit taking. Only the S&P 500 Index was able to make a significant New High recently, and the other Indices did not. This indicates that Smart Money will no longer continue to Buy Way Above the Green Lines, since the FED Printing and Tapering should reduce the amount of liquidity in the Markets.
If the FED will no longer prop up the Markets with a “sugar high” of Money and liquidity, then the “Buy & Hold” strategy that has worked well for the last 13 years might lose favor. If the supply of Money becomes finite, then “When you Buy” might become as important as “What you Buy”. This could mean that Buying in the Green Zone and taking Profits in the Red Zone might become a superior investment style to the traditional “Buy and Hold” method.
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.
We have not had many intra-day Stocks Alerts lately as the Volume has been too Low on Buy Signals. We like to see High Volume on rallies.
For the week the Dow was down 0.28%, the S&P 500 was down 1.87%, and the NASDAQ 100 was down 4.52%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 2.38% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 4.00% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was up 0.13% for the week and is Above the Green Line.
Crude Oil was up 4.91% for the week at $78.90, and GOLD was down 1.71% at $1797.40.
MONEY WAVE BUYS SOON
We are only 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!
LONG TERM INVESTMENTS (many Large Caps no longer have 80 Relative Strength required.)
Long Term Scrolling Charts (Real Time)
BTU PEABODY ENERY CORP. Bought above $11.23 this week, Target is $16. EXIT below the Green Line.
CROX CROCS INC. Buy if it Closes above $135.67 with High Volume.
DBC COMMODITY FUND Weekly Money Wave is back up in the Red Zone. Avoid.
DKS DICKS SPORTING GOODS Wait for the next Daily Money Wave Buy Signal.
RRC RANGE RESOURCES CORP. Buy if it Closes above $19.76 with High Volume.
UPST UPSTART HOLDINGS Buy if it Closes above the Green Line (250-day avg.) with High Volume.
My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts
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Click for Current Positions
Click for Closed Positions
Updated Top 100 List Jan 1, 2022
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.
QUESTION: Praveen writes “I am not receiving intra-day alerts for the buy and sell. I am just getting end of day email. can you help?”
ANSWER: We currently have 1 email going out Daily, the Money Wave Alert! which is sent between 3:40 -3:50 EST. Most members do best with Swing Trading (3 days to 3 weeks trade) than with the intra-day alerts for Day Trading (most Day Traders lose money).
We normally send out Day Trading Tweets to subscribers on a free Twitter account @AboveGreenLine but NOT when the Volume is below average like recently on most Buy Signals (please set up your Twitter account for mobile notifications).
Many subscribers follow the Swing Trading Scrolling Charts and Day Trading Scrolling Charts Lists during the day, as they are constantly being updated.
We are have Live Streaming on YouTube, which has these current Watch Lists running “real time”.
Thank you for writing,
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