Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Stock 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

December 20, 2019

Money Wave Alert! Dec 20, 2019

EXPR Chart
Medium Term Buy today on Express Inc. (EXPR)

 

Markets Gapped Up today on Fearless Buying, as the Herd does not want to miss the rally (that began in January on Bad News). Looks like nobody want to Sell before Christmas. Emotions are very High now, so be cautious.

Most of the Leaders are very over-bought so expect some profit taking soon. Recent Money Wave pops are not very good without decent Market corrections.

The Watch List is currently very small, which normally means that Short Term Traders should WAIT for the Leaders to return to their Daily Green Zones. The best trades are when the S&P 500 Index is ALSO on the Green Zone.

Bonds  were mixed again today after becoming over-sold.

Crude Oil was down $0.92 today at $60.26.

______________________________________________________________________________________________________

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

 

BUYS TODAY    12/20/2019     

 

EXPR     EXPRESS INC.     Medium Term Buy today.  Target is $6.40.  EXIT if it is going to Close below Support of $4.69.

 

BHC     BAUSCH HEALTH CO.     Money Wave Buy today. BHC will not be logged as the Volume is below average of 4.3 MIL.   

KDMN     KADMON HOLDINGS  INC.     Money Wave Buy today. KDMN will not be logged as the Volume is below average of 1.75 MIL.

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

 

THERE WILL BE NO LONG TERM TRADES THIS WEEK.

 

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

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

NONE TODAY

_____________________________________________________________________________________________________________________________________________________       

BLDR     BUILDERS FIRSTSOURCE INC.     Money Wave must Close in the Green Zone.

BMY     BRISTOL MYERS    Money Wave must Close in the Green Zone.

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

 

Check   PORTFOLIO  (Open Positions) and adjust your Sell Stops.

Click for  CLOSED POSITIONS.

NEW! TOP 100 LIST

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

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 NICE WEEKEND!

Posted By AbovetheGreenLine at 2:41 pm Leave a Comment Tagged With: premium

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

  • Money Wave Alert! Mar 29, 2023 – InvFuture Education on Money Wave Alert! Mar 29, 2023
  • Money Wave Alert! Mar 28, 2023 – InvFuture Education on Money Wave Alert! Mar 28, 2023
  • Viking Thera. (VKTX) up 58% today. – InvFuture Education on Viking Thera. (VKTX) up 58% today.
  • Money Wave Alert! Mar 27, 2023 – InvFuture Education on Money Wave Alert! Mar 27, 2023
  • Green Line Weekly! Mar 26, 2023 – InvFuture Education on Green Line Weekly! Mar 26, 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