10/31/2021 Markets were higher again this week, as the major Indices were able to exceed the September Highs.The Markets are currently over-bought for the Short Term, and are waiting on 1. Possibly Trillions more of Gov’t. Spending and 2. Expected FED Tapering of their $120 Billion of monthly Debt Buying in November. So Investors will be tested very soon to see how much new money is left to enter the Markets on either Good or Bad News.
The S&P 500 is 1.3% higher than in September but the upward advances are taking longer. The S&P 500 dropped in early October, and then rallied up 7.8% back to New Highs. The Green Line System bought 6 Swing Trades then, which had an average Gain of 11.67%.
The FED is talking about Tapering on their DEBT Buying soon, and FED Printing has been a major reason for the longest Bull Market in history. Investors might have to do less “Buy & Hold” investing and more Market Timing and trading if they want to continue to see their accounts grow.
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.
For the week the Dow was up 0.42%, the S&P 500 was up 1.35%, and the NASDAQ 100 was up 3.21%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 0.01% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were up 2.47% for the week, and are back Above the Green Line, indicating Economic Contraction.
The US DOLLAR was up 0.53% for the week and is Above the Green Line.
Crude Oil was down 0.23% for the week at $83.57 (a New High) and GOLD was down 0.69% at $1783.90.
MONEY WAVE BUYS SOON
We are currently in only 2 logged Current Positions, for the Short & Medium Term (Most Leaders are up in the Red Zones). There are 8 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
LONG TERM INVESTMENTS (not many Leaders have pulled back, and most Large Caps no longer have 80 Relative Strength required.)
Long Term Scrolling Charts (Real Time)
BNTX BIO N TECH Wait for the next Daily Money Wave Buy Signal.
CLF CLEVELAND-CLIFFS INC. Oct 26 Target Hit at $25.50 for a 15.6 % Gain.
DKS DICKS SPORTING GOODS Wait for the next Daily Money Wave Buy Signal.
MT ARCELOR METTAL SA Wait for the next Daily Money Wave Buy Signal.
MRNA MODERNA INC. Wait for the next Daily Money Wave Buy Signal.
YETI YETI HOLDINGS Wait for the next Daily Money Wave Buy Signal.
My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts
Click for Watch Lists
Click for Current Positions
Click for Closed Positions
Updated Top 100 List Oct 1, 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 MEDIUM (Yellow 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: Jackie writes “Been reading your informative articles and FAQs. Is there a way I can enter a stock such as BA or an ETF symbols and see them shown as AGL chart with red/green zones, MAs, sector ranking, Green Line etc?”
ANSWER: Yes. Near the bottom of each Daily email, look for: ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
Please Click on the link (To make the Chart larger, please change the SIZE to Landscape and then Update.)
Good trading and tell your friends!
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