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

February 13, 2017

Money Wave Alert! Feb 13, 2017

Markets Up Again!

 

The Markets are up again today, as nobody has a reason to Sell. The S&P 500  has rallied above the 2301 High of Jan. 26th to 2332.  That makes 2301  Support for later this week… Watch out if the Support does not hold (not many good New Highs in stocks).

The Reward / Risk  ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.

We are waiting for the S&P 500 to correct back down near the Red Line (50-day avg.) to set up for a good bounce.

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

STM   STMICROELECTRONICS  Money Wave Buy today.  We will not log, as it is Way Above the Green Line.

 

ON DECK to Buy soon:  CARA   CARA THERAPEUTICS      MU   MICRON TECH   &  NVDA  NVIDIA CORP   We will email when they are ready.

 

SELLS

EXIT  RIO   today on the Close, or put in a tight Sell Stop Loss.

EXIT  URA   today on the Close, or put in a tight Sell Stop Loss.

We are Lowering Sell Stop Loss on SN to $12, as it is still Correcting down near the Red Line.

 

Please monitor the OPEN POSITIONS Page and update your Sell Stop Losses. Several are back up in the Red Zones.

Click for  WATCH LIST   

Click for  OPEN POSITIONS

Click for  CLOSED POSITIONS

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.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.

Posted By AbovetheGreenLine at 2:34 pm 6 Comments

Comments

  1. spirop1 says

    February 13, 2017 at 2:37 pm

    Not receiving email alerts last couple of days

    Log in to Reply
    • AbovetheGreenLine says

      February 13, 2017 at 2:46 pm

      Thanks for writing. Some emails have been going to Bulk or Spam Folders lately.

      All Emails are posted on the web site under Commentary… Intra-day emails are below Buy / Sell Signals.

      Please go to your Comcast Web Mail and make sure AbovetheGreenLine is not being blocked as Bulk Mail, or Spam.

      Thank you.

      Log in to Reply
      • spirop1 says

        February 14, 2017 at 5:17 pm

        ok will do thanks

        Log in to Reply
        • AbovetheGreenLine says

          February 14, 2017 at 5:57 pm

          You are welcome!

          Log in to Reply
  2. dsanpei says

    February 13, 2017 at 10:01 pm

    So I bought URA when the money wave buy occurred and I sold today per your sell text for a nice profit. But can you explain what the sell signal was on URA today? I thought the exit was the 10 day MA as a trailing stop, but price today was well above that.

    What was the criteria for the sell signal today?

    Log in to Reply
    • AbovetheGreenLine says

      February 14, 2017 at 9:03 am

      Yes, you are correct. The normal Sell Signal would be to wait for a Close Below the 10-day avg.
      URA was up 11% in a week, and the Reward / Risk for another 3-5% is probably 1:1, so we went to CASH.

      The stock is Way Above the Green Line, at the top Bollinger Band, and the Mkts are sky High. If we waited for a normal Sell on the Close, we could have ended up being out at $17.50 or less.

      Thank you for writing!

      Log in to Reply

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

  • Green Line Weekly! Aug 7, 2022 – ParkRiver on Green Line Weekly! Aug 7, 2022
  • AbovetheGreenLine on Money Wave Alert! Aug 5, 2022
  • merryme on Money Wave Alert! Aug 5, 2022
  • AbovetheGreenLine on Target was Hit on CTIC for an 8.9% Gain.
  • SlippinJimmy on Target was Hit on CTIC for an 8.9% Gain.

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