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

March 26, 2020

Money Wave Alert! Mar 26, 2020

RWM
Small Cap Inverse Fund (RWM) is in the Green Zone, and could re-test the High.

 

Markets were up again today on lower Volume. Investors expect a Bail Out from Congress tomorrow. The Indices look like they could Close strong today, but many Investments are back up in their Red Zones (probably too late to Buy for the Short Term).

The weaker Markets like the DOW, Small Caps NYSE & Transports could re-test Monday’s Lows once more. Maybe some profit taking after some Good News of a Bail Out Plan being passed soon. The steep decline in March would normally need more of a “W” pattern, with this week’s rally being the middle of the W (see chart above).

The strongest LEADERS that are now Above the Green Line should go higher, but many are now back up in their Red Zones (probably too late to Buy for the short term). They should hold up the best.

The CNN Fear & Green Index is slowly climbing up from 2 last week, to 22 today. It was 95 (SELL) at the Market Top in January.

There are 3 INVERSE FUNDS on the Watch List below (RWM SH & VXX) that are down in the Green Zones for Money Wave Buys soon. These Inverse Funds could re-test their Highs,  and are Above the Green Line + Above 90 Relative Strength. All of the major US Indices are Below the Green Lines.

 

Bonds  were up slightly today. 

Crude Oil was down $1.55 today at $22.94.

 

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

BUYS TODAY    3/26/2020    

 

LLY     ELI LILLY & CO.      Money Wave Buy today. LLY will not be logged as it is already up 8 % today.    

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

 

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.)   

CLX     CLOROX CO.

GILD     GILEAD SCIENCES INC.

_______________________________________________________________________________________________________________________________________________ 

INO     INOVIO PHARMA.      Buy if it Closes above $7.85 on High Volume.    

KR     KROGER CO.     

RWM     SMALL CAP INVERSE FUND

SH     S&P 500 INVERSE FUND

VXX     VOLATILITY FUND     Buy if it Closes above $52.67 on High Volume. 

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     

 

SHOP     SHOPIFY INC.     EXIT on the Close today or have a tight Sell Stop below it (2nd Buy only) to capture a 20 % Gain. We use Closing prices only, and SHOP might have have some profit taking tomorrow if Congress passes a Bill.  SHOP is in the Red Zone, and we will try to Buy it again lower.

 

Click for   PORTFOLIO  (Open Positions) and adjust your Sell Stops. 

Click for  CLOSED POSITIONS, 

NEW! TOP 100 LIST Updated Mar 9, 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.

Posted By AbovetheGreenLine at 2:47 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

  • AbovetheGreenLine on Money Wave Alert! May 19, 2023
  • Robert Zieman on Money Wave Alert! May 19, 2023
  • Volodymyr Gelfand on Monet Wave Alert! May, 18, 2023
  • Money Wave Alert! May 16, 2023 – InvFuture Education on Money Wave Alert! May 16, 2023
  • Money Wave Alert! May 15, 2023 – InvFuture Education on Money Wave Alert! May 15, 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