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February 12, 2017

Weekly Commentary Feb 12, 2017

S&P 500 is Way Above the Green Line. 

02/12/2017:  THE BIG PICTURE: The Herd feels great  and is very hopeful about the Economy. Mutual Fund Cash is at record Lows… Historically this means that most of the $$$ are already in the Stock Markets, like in 2007.  If we really are really going to have 4%+  GDP Growth again, normally Interest Rates & Inflation will rise, and Bonds will drop… The FED will historically tighten (or raise Rates) too much, and OOPS we are in a SLOWDOWN!  The Markets would then DUMP way more then they should, and Mutual Funds would have to RAISE CASH Levels as the HERD wants OUT…

But there should always be Investments going up EVERY YEAR that meet the Green Line Rules.

But to expect another double from AMAZON (AMZN Chart) or NVIDIA (NVDA Chart) from these levels is not realistic, as they are in the “Parabolic Climax” Stage of Human Emotional Buying.

You must be willing to “Follow the Money” later this year, not the Media… We will guide you where the Smart Money is going… Don’t Predict or have Feelings about what will happen. If you follow the Green Line Rules, you will be fine.

Most Investments today have Below 90 Relative Strength and you should try to OWN THE VERY STRONGEST… If you mess around in the weaker ones, you could get STUCK in them later this year!

 

Markets were up to record Highs for the week, but only about 1/3 of the Leaders are making New Highs this time, so expect a pull-back soon.

We are getting many Short Term Money Wave Buy Signals, but many of the POPS have not gone very far. The recent Market pull-backs have been small since the Trump Rally began on Nov 8th.  To have nice rallies, you needs larger corrections. They will eventually come, after Tammy and the Mutual Funds spend all or their Cash.

Raise some CASH, and wait… there will be some BAD NEWS, and we will be ready to BUY!

 

MONEY WAVE BUYS SOON:    There are currently 9 Open Positions.

ON DECK to Buy soon:  STM   Wait for GREEN ZONE BUYS.  We will email or text when they are ready.

 

LONG TERM TRADES – We are looking for a good Entry Point for these, which could possible Double:

UGA   US GASOLINE FUND   Waiting to see if it will hold Above the Green Line.

JJC     COPPER FUND       Weekly Red Zone. Waiting on a Pull-back.

MDR    MCDERMOTT INT’L.  Waiting for a Pull-back

OIH    OIL SERVICE FUND      Slowly pulling back.

SN       SANCHEZ ENERGY     Weekly Red Zone. Waiting on a Pull-back.

Please view the WATCH LIST  for pending Money Wave Buys.
Wait for Money Wave Buy Signals.  We will email you when they are ready.  

Click for  Open Positions   

Click for  Closed Positions

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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Tell your Friend about us, and HELP ANIMALS.

HO– USEKEEPING: Several Subscribers did not receive their Daily Emails this week. We checked the sending server, and all emails were delivered to your Internet Provider. The problem was that some of the emails ended up in the Bulk or Spam folders… Please check there, and tell your mail box that Green Line is NOT SPAM.

Thank you,

AGL

 

Posted By AbovetheGreenLine at 6:15 pm 4 Comments

Comments

  1. TOMOBOY says

    February 12, 2017 at 9:49 pm

    You mention the “herd” in your reviews. If you mean those who are long the market I would be careful not to look down on them too much. I have stayed long myself and have been rewarded for it. I’ll bail when the market gives me reason but while the sun is shining I’m making hay with both hands!

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    • AbovetheGreenLine says

      February 13, 2017 at 9:42 am

      Great, Tom! Then you are NOT the Herd… The Herd will NOT EXIT, and will normally give back most of their profits.

      Thank you for writing.

      Log in to Reply
    • Bartthehumble1 says

      February 16, 2017 at 6:26 am

      I agree with Above the Green Line. The days of buy and hold have changed, due to the short term profits focus.

      Log in to Reply
      • AbovetheGreenLine says

        February 16, 2017 at 10:17 am

        This is the 2nd LONGEST Bull Mkt in history… THe Money will go where the HERD is NOT. Mutual Funds have record low CASH, Accts are Margined High, and then Tammy is SO CONFIDENT that she is BUYING CALL OPTION! (VIX Indicator at 11).

        There will be plenty of ways to make Money, even if S&P is going down… Just Follow the Rules!

        Log in to Reply

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