3/21/2021 Markets were down slightly for the week on profit taking from most of the Indices being at all time Highs. Markets are High from Hope of the Virus ending, and Trillions of $$ of liquidity of borrowed money by our Government. Liquidity is important to Stocks, but Stocks have probably already discounted much of the Good from the Hope & Liquidity.
The major Indices have rallied up 74 – 148% from the Lows of last March, without much of a pullback. Historically when the rally from last March is complete, the rally could give up 1/4 to 1/2 of the move up. The Small Cap Fund is currently 27 % Above the Green Line and will normally return back to the Green Line, but then pop right back up. After a 12 year Bull Market (the longest in history because of Low Interest Rates) those who continue to “Buy & Hold” will probably be disappointed if they expect the same type of annual returns they have received for the last 12 years.
Stock Market valuations are historically high by many metrics, and Stocks will struggle when they finally have competition. Bonds are down 20 % in a year, and Inflation is coming back. We don’t worry where the Money will flow to, because the Green Line System should have you in the Strongest Investments. But you must be willing to make changes to your portfolio once this 12 year Bull has ended…
Completed Trades this week:
APPS DIGITAL TURBINE Stopped Out for a 1.5 % Gain. This trade was not logged.
BNGO BIANANO GENOMICS Stopped Out for a 10.5 % Gain. This trade was not logged.
DDD 3D SYSTEMS CORP. Stopped Out for a 8.5 % Gain. This trade was not logged. (2nd Trade only).
GE GENERAL ELECTRIC Stopped Out for a 0.7 % Loss. This trade was not logged.
GEVO GEVO INC. Stopped Out for a 3.6 % Loss. This trade was not logged.
RIOT RIOT BLOCKCHAIN Target was Hit for a 23.1 % Gain. This trade was not logged.
SNAP SNAP INC. Stopped Out for a 3.9 % Gain.
TECK TECK RESOURCES Stopped Out for a 0.10 % Gain.
VERU VERU INC. Stopped Out for a 10.5 % Gain. This trade was not logged.
For the week the Dow was down 0.50%, the S&P 500 was down 0.84%, and the Nasdaq 100 was down 0.74%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was down 2.58% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 0.96% for the week, and are Below the Green Line, indicating Economic Expansion.
The US DOLLAR was up 0.36% for the week and is returning up near the Green Line..
MONEY WAVE BUYS SOON
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (Several Leaders have pulled back near the Green Lines.)
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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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MerryMe writes “Thank you for the Dashboard. It is nifty. I love being able to scroll through the charts quickly in the morning.”