Above the Green Line -01
  • Market Insights
        • Commentary
          • Daily
          • Weekly
        • BUY / SELL SIGNALS
          • Trade Posts
          • Recent Trade Alerts
          • Recent Day Trades
        • BLOGROLL
          • Dividend Growth Blog
          • ETF Sector Blog
          • Dow Dogs
          • TPOW Blog
  • Strategies
        • SWING TRADING
          • Current Positions
          • Watchlists
          • Closed Positions
          • Candidates - TOP 100
          • Specialty Stocks
        • WEEKLY STOCK PICK
          • TPOW Charts
          • TPOW Performance
          • TPOW Strategy Guide
          • TPOW Performance Dashboard
        • DAY TRADING
          • Watch List
        • ATGL DASHBOARD
        • ETF STRATEGIES
          • ETF Sector Rotation
          • ETF Sector Portfolio
        • DIVIDEND GROWTH
          • Dividend Growth Portfolio
          • Dividend Calendar
        • DOGS OF THE DOW
          • Dogs of the Dow Portfolio
          • DOW 5 Portfolio
  • Markets
        • US MARKET
          • Commodities
          • Energy
          • Precious Metals
          • Volatility
        • GLOBAL MARKETS
          • Market Indices
          • Economic Calendar
          • FOREX Heat Map
          • FOREX Cross Rates
          • Crypto Currency Market
  • Investing
    • Discord Community
    • Dashboard
  • Resources
        • ARTICLES
          • Dividend Growth Model Articles
          • ETF Articles
          • Investment Strategies Articles
          • Market and Economic Insights
          • Stock Trade Articles
          • Stock Reviews
        • TOOLS
          • Stock Scanners
          • Charting Software
          • Brokerage Firms
        • STOCK CHARTS
          • Key Components
          • Reading Charts
          • Drawing Stock Charts
          • Identifying Trends
        • RETIREMENT PLANNING
  • About
    • Contact Us
    • How to Win
    • #1 At Stockcharts
    • Disclaimer
    • FAQ
  • Log In
  • Subscribe

August 28, 2020

Money Wave Alert! Aug 28, 2020

M1 Chart
The FED might be le slowing down on the massive Printing since March.

Markets were higher again today, as FOMO (Fear OF Missing Out) has caused many Investors to Buy Way Above the Green Lines again (like they did at the Feb Highs.)  Some of the Big Tech are 50-100 % Above the Green Lines, while some some Leaders below are having normal pull-backs.

The S&P 500 Index has not returned all the way down to it’s Green Zone since March. The Green Line System does better when the Markets fluctuate more, not this slow creep up for months from FED intervention. The FED will not print forever and the Chart above shows how the Money Supply growth is slowing down. This should reduce the Buying. The Markets are stretched Way Above the Green Line, and will eventually snap back down to Flush Tammy out again.

It could be bearish if the S&P 500 falls below Support of 3393 because most of the recent advance S&P 500 has been 15 of the Largest Caps. 

The Watch List has grown very large and several leaders have pulled back without the Markets. Please WAIT for the Leaders below to pop up out of the Green Zones for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone. (Now the S&P 500 is back up in the Red Zone).

There are many small stocks that are down over 50% from the FOMO Highs on the PENNY STOCK WATCH LIST.

Please remember that the Markets are up 58 % from the March Lows, and are over-bought from extreme Confidence and Hope. 

Bonds  were down slightly today. 

Crude Oil was down $0.07 today at $42.97.

BUYS TODAY    8/28/2020   

SRNE     SORRENTO THERA.       Bought today above $8.26 with a 5% Trailing Sell Stop Loss. Target is $14.00. EXIT below $7.85.

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)  

APPS       DIGITAL TURBINE INC.

KIRK      KIRKLAND’S INC. 

KODK      EASTMAN KODAK CO.      Buy above the Pink Line of $6.94 with a 5% Trailing Sell Stop Loss below it. 

____________________________________________________________________________________________________________________________________________________  

WATCH LIST

Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term):   (Best to Buy these when the S&P 500 is also in the Green Zone.)       

The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.      

ABUS      ARBUTUS BIOPHARMA    Buy above the Pink Line of $3.18 with a 5% Trailing Sell Stop Loss below it. 

ADT       ADT INC.      Buy above the Pink Line of $11.31 with a 5% Trailing Sell Stop Loss below it.  

ETSY      ETSY INC.

GSX      GSX TECHEDU INC.       Buy above $91.75 with a 3% Trailing Sell Stop Loss below it.       

MAXR      MAXAR TECHNOLOGIES 

VXRT     VAXART INC.     2nd Money Wave Buy soon     

WTRH      WAITR HOLDINGS

Please be patient and wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.

The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).

___________________________________________________________________________________________________

SELLS TODAY   NONE TODAY

Click for  CURRENT POSITIONS  and adjust your Sell Stops.   
Click for  CLOSED POSITIONS,   

NEW PENNY STOCK WATCH LIST
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM   
NEW TOP 100 LIST Updated Aug 4, 2020

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 %  move in a few days.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.     

 

HAVE A SAFE WEEKEND!

Related Post

– Money Wave Alert! Aug 27, 2020

Subscribe to Our Newsletter

AGL Logo

Get our eBook Now!

Candlestick - A Swing Traders Friend

We don’t spam! Read our privacy policy for more info.

You’ve been successfully subscribed to our newsletter!

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

  • Breakout Trading Strategies That Can Boost Your Gains on 7 Day Trading Strategies for New Investors
  • What the Descending Staircase Pattern Tells You About the Market on Bull vs. Bear Market: An Investor’s Guide to Market Phases
  • Want to Protect Your Capital? Start With Better Position Sizing on Risk Management in Trading: Tools and Techniques
  • Want to Protect Your Capital? Start With Better Position Sizing on Swing Trading Risk Management: Tips To Safeguard Your Profits
  • Price Action Trading Strategies That Work in Any Market on What Is a Death Cross in Stocks? A Bearish Market Signal

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

ON ATGL

  • DashBoard
  • Weekly Commentary
  • Daily Buy / Sell Signals
  • Day Trade Setup
  • Trading Rooms

Design & Develop By Pixelvect

STRATEGIES

  • Swing Trading
  • ATGL Pick of the Week
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US
  • Join

FOLLOW US

Instagram Linkedin Twitter Facebook

© COPYRIGHT 2024 · ABOVETHEGREENLINE.COM · ALL RIGHTS RESERVED · PRIVACY · TERMS · CONTACT · WATCHLIST · CURRENT