9/5/2021 Markets were higher for the week, as continued Buying of the Large Caps Stocks pulled some of the Indices up to New Highs. The Indices are currently stretched Way Above the Green Lines, and will eventually return to their Green Lines. But most investors are not concerned about taking profits until the FED begins to taper of their massive Printing (sometime in the 3rd quarter of this year).
You should only invest if you think your Reward / Risk ratio is at least 2:1. The S&P 500 Index could drop 11 % (to the Green Line), so you should only stay fully invested if you are willing to bet on another 22% up Market rally from here. If you would only bet on an 11% up rally, with a chance of an 11% drop to the Green Line, then that is a 1:1 Reward / Risk. That would be the same as flipping a coin: Gambling.
That is probably why the Volume on the Markets is so Low lately. Smart Money does not take low Reward / Risk bets… Do you?
Some of the strong Stocks below corrected down near the Green Lines and had some nice bounces up this week (Long Term Scrolling Charts). And there are a few that could have nice bounces up soon.
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. No predicting here, just Following the Money.
We are having good success lately by using Triple Buy Signals on the Day Trading Scrolling Charts.
For the week the Dow was down 0.12%, the S&P 500 was up 0.63%, and the Nasdaq 100 was up %. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 0.43% for the week and is Above the Green Line, indicating Economic Expansion.
Bonds were down 0.73% for the week, and are Above the Green Line, indicating Economic Contraction.
The US DOLLAR was down 0.71% for the week and is Below the Green Line.
Crude Oil was up 0.80% for the week at $69.29 and GOLD was up 0.78% at $1833.70.
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MONEY WAVE BUYS SOON
We are currently in only 2 logged Current Positions, for the Short & Medium Term. There are 5 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM INVESTMENTS (Some Leaders have pulled back , but Markets are near Highs.)
Long Term Scrolling Charts (Real Time)
EYES SECOND SIGHT MEDICAL Buy if it Closes above the Green Line (250-day avg.) with High Volume.
F FORD MOTOR CO. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
KIRK KIRKLAND’S INC. Shot up 20% after it Closed above the Red Line (50-day avg.) with High Volume.
KOPN KOPIN CORP. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
URA URANIUM FUND Shot up 21% after it Closed above the Red Line (50-day avg.) with High Volume.
VALE VALE STEEL SA Buy if it Closes above the Red Line (50-day avg.) with High Volume.
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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 Sep 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.
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Thank you,
ATGL