Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Stock Alerts
    • DIVGRO BLOG
    • ETF SECTOR BLOG
    • DOW DOGS BLOG
    • NEWS
    • STOCK IDEAS
  • Strategies
    • SWING TRADING
      • CURRENT POSITIONS
      • WATCHLISTS
      • CLOSED POSITIONS
      • CANDIDATES – TOP 100
      • SPECIALTY STOCKS
    • DAY TRADING
      • Watch List
    • DIVIDEND GROWTH
      • Dividend Growth Portfolio
      • Dividend Calendar
    • DOGS OF THE DOW
      • Dogs of the Dow Portfolio
      • DOW 5 Portfolio
    • ETF SECTOR ROTATION
      • ETF Sector Portfolio
  • Markets
    • US MARKET
      • Commodities
      • Energy
      • Precious Metals
      • Volatility
    • GLOBAL MARKETS
      • MARKET INDICES
      • ECONOMIC CALENDAR
      • FOREX HEAT MAP
      • FOREX CROSS RATES
      • CRYPTOCURRENCY MARKET
    • DASHBOARD
    • IDEAS
  • Investing
    • FORUM
  • Resources
    • ARTICLES
    • WEEKLY STOCK
    • RETIREMENT PLANNING
    • BLOGROLL
    • FAQ
  • About
    • CONTACT US
    • HOW TO WIN
    • #1 AT STOCKCHARTS
  • Log In
  • Subscribe

July 15, 2018

Green Line Weekly Jul 15, 2018

WLSH Chart
The Wilshire 5000 Index needs to make New Highs soon.

 

07/15/2018:  Markets were up for the week, as the Indices are going back up to re-test the January Highs. Failure of the broad Markets to push higher could indicate a lack of money for Stocks. Stock now have competition from higher Interest Rates and Commodity prices.

The NASDAQ 100 Index was able to get back up to the Highs on Friday with 3 of the 5 FAANG stocks leading.  For the week, the Dow rose 2.29%, 1.79% for the Nasdaq and 1.51% for the S&P 500.  The Long Term Trend on the Stock Markets is UP.

 

The Inflation Index (CRB) was down 2.18% and is struggling to hold Above the Green Line.

Bonds  were mixed for the week but the weekly Money Wave is in the Red Zone. This could be forecasting Economic weakness.

The US DOLLAR  was able to bounce up off the Red Line (50-day avg.)

Crude Oil was down 3.78% for the week at $71.01, and GOLD was down 1.16%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:   

We are currently in 4 logged Open Positions, for the Short & Medium Term.  Most are now in the Yellow or Red Zones, so please have Sell Stops below them. There are 5 Investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are correcting down to their Green Lines, but the Relative Strength is remaining high. These tend to Bounce nicely when the weekly Money Wave crosses up > 20.

 

FCAU     FIAT CHRYSLER    Wait for weekly Close Above the Red Line of $20.44 (50-day avg.)
IBKR    INTERACTIVE BROKERS    Wait for Weekly Money Wave Close > 20.
INTC    INTEL CORP.    Wait for weekly Close Above the Red Line of $52.54 (50-day avg.)
IOVA    IOVANCE BIOTHERA.      Wait for Daily Close Above $14.10.
SCCO    SOUTHERN COPPER    Wait for weekly Close Above the Red Line of $48.23 (50-day avg.)
SPLK    SPLUNK INC.    Wait for weekly Close Above the Red Line of $106.61 (50-day avg.)
VALE    VALE DO RIO    Wait for weekly Close Above the Red Line of $13.31 (50-day avg.)
VLO    VALERO ENERGY    Wait for Weekly Money Wave Close > 20.

 

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is High (RedZone). The probability of successful Short Term Trades is better, when the S&P 500 is down near the Green Line. 

 

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!

Posted By AbovetheGreenLine at 10:24 am 2 Comments

Comments

  1. Windwoodtrader says

    July 26, 2018 at 5:10 pm

    You state: “We will “Not Log” trades if the Reward/Risk is not at least 2:1.”

    Can you share what is needed for a candidate to provide a 2:1 ratio?

    Log in to Reply
    • AbovetheGreenLine says

      July 26, 2018 at 5:13 pm

      If you Buy an Investment at $12, for a re-test of Highs at $14, the Reward potential could be $2, or 16.7%. If you have a Stop at $11.5, you are risking $0.50.
      So Reward / Risk is $2 / $0.50 = 4:1 odds… EXCELLENT!

      Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

Help Us Help Animals

Help Us Help Animals

Recent Comments

  • AbovetheGreenLine on Money Wave Alert! Jan 17, 2023
  • merryme on Money Wave Alert! Jan 17, 2023
  • AbovetheGreenLine on ETF Sector Rotation System Changes
  • Vincent Colombe on ETF Sector Rotation System Changes
  • AbovetheGreenLine on ETF Sector Rotation System Changes

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

Above the Green Line

ON ATGL

  • Weekly Commentary
  • Intraday Buy / Sells
  • Day Trade Setup

STRATEGIES

  • Swing Trading
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US

© Copyright 2021 · AboveTheGreenLine.com · All Rights Reserved · Privacy · Terms · Contact · WatchList · Current