Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Trade 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

May 6, 2018

Green Line Weekly May 6, 2018

DIA Chart
The DOW Index is lagging.

 

05/06/2018:  Markets were mixed for the week, but the Indices were able to bounce up from a larger drop earlier in the week. For the week, the Dow and the S&P 500 lost 0.2% each, but the Nasdaq notched a 1.5% win. The NASDAQ 100 and Small Cap Indices closed Above the Red Lines (50-day avgs.) but the S&P and DOW Indices have not.

Currently 45% of the S&P 500 Stocks are Below the 200-day average, so stay with the Strongest Investments. Otherwise you might get stuck and very frustrated. The Long Term Trend is UP.

 

The Inflation Index (CRB) is near the Highs this week at 203.25, and is now in a mild Up-Trend.

Bonds are bearish (Below the Green Line and Low Relative Strength) but bounced recently up to the Red Line (50-day avg.) Bonds are not convinced that the Economy is that strong, or they would be breaking Support.

The US DOLLAR has broken above a longer term Down Trend line, and was able to Close back Above the Green Line. This has put pressure on the Tech Stocks.

Crude Oil was up 2.38% for the week at $69.72, and GOLD was down 0.66%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:    We are currently in 5 logged Open Positions, for the Short & Medium Term. There are 1 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.

 

ARRY    ARRAY BIOPHARMA    Wait for Weekly Money Wave Close > 20.

SMH    SEMICONDUCTOR FUND    Wait for SMH to Close Above the Red Line.

TCEHY    TENCENT HOLDINGS    Wait for Weekly Money Wave Close > 20.

REMX   RARE EARTH FUND    Buy Above Blue Down Trend Line on Weekly.

___________________________________________________________________________________________

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

 

Alert! Market Risk is Medium (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. 

 

Tell your Friends about the Green Line, and Help Animals.

 

QUESTION:   Dennis writes “The caution “Way Above the Green Line” is frequently raised.  My question is: In percentage terms, how far above the Green Line constitutes being “Way Above”?  A percentage range is a reasonable response.”

ANSWER:   If you Buy Way Above the Green Line, when the Investment RETURNS to the Green Line (Overly Optimistic Emotion Fades)  you will normally have a “sick feeling”.

 

 

Posted By AbovetheGreenLine at 12:22 pm Leave a Comment

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

  • Green Line Weekly Sep 3, 2023 – Omni Legal on Green Line Weekly Sep 3, 2023
  • AbovetheGreenLine on Green Line Weekly Aug 27, 2023
  • lbrodt on Green Line Weekly Aug 27, 2023
  • Mitch Van Zelfden on Money Wave Alert! Jul 31, 2023
  • AbovetheGreenLine on Money Wave Alert! Jul 31, 2023

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