07/14/2019: Markets were up again for the week, after Investors received more Good News about FED Printing (the FED should cut Interest Rates 1/4 point on July 31.) The S&P 500 Index and DOW INDEX were able to make new Highs, but are now very over-bought on the Charts.
There has been GOOD NEWS on China Trade and the FED, so Smart Money will usually take profits soon. The GDP for Qtr. 2 2019 is estimated to drop to around 1.4% (Atlanta Fed) from 3.1% on Qtr. 1. The Markets seem to be ignoring that temporarily (upcoming Bad News so we can Buy again?)
For the week the Dow was up 1.52%, the S&P 500 was up 0.73%, and the Nasdaq 100 was up 1.30%. The Long Term Trend on the Stock Markets is UP.
Bonds are Way Above the Green Line, but have dropped back down into the Green Zone for a Money Wave Buy soon.
The Inflation Index (CRB) was up 1.98% and is Above the Green Line, indicating Economic Strength.
Bonds were down 1.67% for the week and are Way Above the Green Line, indicating Economic Weakness.
The US DOLLAR was down 0.34% and it could be having a huge Double Top from 3 years ago.
COMPLETED TRADES THIS WEEK:
2019-06-28 OKTA Okta Inc. $123.51 2019-07-11 $136.61 $13.10 10.61%
2019-06-28 SHOP Shopify Inc. $300.15 2019-07-10 $319.01 $18.86 6.28%
2019-06-19 AMD Advanced Micro $30.50 2019-07-10 $33.79 $3.29 10.79%
2019-06-26 AMD Advanced Micro $29.92 2019-07-09 $33.15 $3.23 10.80%
2019-07-02 ROKU ROKU Inc. $93.05 2019-07-08 $103.25 $10.20 10.96%
MONEY WAVE BUYS SOON:
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS
Buy the Leading Investments that are down near the weekly Green Zones.
HZNP HORIZON PHARM. Wait for Weekly Close Above the Red Line of $24.43.
IONS IONIS PHARM. Buy if it Closes above $67.07.
LLY ELI LILLY & CO. Wait for Weekly Close Above the Red Line of $114.91.
RAMP LIVE RAMP HOLDINGS Wait for Weekly Close Above the Red Line of $50.97.
VMW VMWARE INC. Wait for Weekly Close Above the Red Line of $176.46.
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: Ray H. writes” How do I find a chart on Portfolio stocks? Thanks.”
ANSWER: Hi Ray. Please click on the Portfolio Link of each email.
The click on the Green Symbol (ex. URBN for Daily Chart) , and Green Round Circle (for 60-min Chart).
Good trading, and tell your friends!