11/14/2021 Markets were slightly lower this week, as the major Indices were stretched Way Above the Green Lines. The Selling is mild, but when Investments do pull back, the Buying Volume has not picked up much on Buy Signals. This indicates a tired Market, but there were enough New Highs on Earnings recently to probably hold the Markets up a while longer. With plenty more of FED Printing, most do not want to Sell. The Markets are currently over-bought based on the Green Line, and the Buying Volume has been low.
The FED is going to Taper $15 Billion of monthly DEBT Buying later this month, so we will see if that effects Long Term Bond prices. Lately Bonds have been shooting up on Slow Down Fears from the Supply Chain problem. There are plenty of Bearish Divergences (warning signs) in the Markets, and historically these Bearish Divergences would have lead to larger corrections. But currently most are not going to “Fight the FED”.
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 daily on the Day Trading Scrolling Charts.
For the week the Dow was down 0.63%, the S&P 500 was down 0.27%, and the NASDAQ 100 was down 0.97%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 0.89% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 1.32% for the week, and are back Above the Green Line, indicating Economic Contraction.
The US DOLLAR was up 0.86% for the week and is Above the Green Line.
MONEY WAVE BUYS SOON
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (most Leaders are near Highs, and most Large Caps no longer have 80 Relative Strength required.)
Updated Top 100 List Nov 2, 2021
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 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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