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

January 28, 2017

Weekly Commentary Jan 28, 2017

Got Uranium?

 

01/28/2017:  The Markets were up about 1% for the week, after burping up out of the 6 week sideways action. Only about 1/3 of the Leaders are making New Highs this time, so expect a pull-back soon.

Profits were captured this week in McDermott Int’l. MDR and the Russia Fund RSX. Most of the other Positions are in the Red Zones. This means that Short Term Traders should have tight Sell Stops and be raising Cash, so they can Buy after the next pull-back. Most HOPEFUL Investors are now IN the Markets and they FEEL GOOD!  But Wise Investors TAKE PROFITS when the HERD FEELS GOOD.   

Possible HOME RUN this year: Uranium Fund (URA). Investors ask “Why should I get involved in uranium?” As Technical Analysts, we don’t really care WHY THINGS HAPPEN… We study how others are spending their money after they have studied the investment. If the Volume picks up, and the Investment begins to make New Highs we get excited! Maybe more Power Plants or submarines under Trump? The Uranium Fund ($17.67) is currently Way Above the Green Line $13.48), so we will NOT BUY NOW, but wait for a pull-back to the BreakOut area around $14.67. A trade could be from $15 to $50 in a few years, as the 2011 High was $131!

 

MONEY WAVE BUYS SOON:    There are currently 11 Open Positions.

ON DECK to Buy soon:   NBR   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   The Daily UGA Chart is in the Green Zone for a Buy Signal soon.

CDE    COEUR MINING     Weekly Red Zone. Waiting on a Pull-back.

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.

 

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.

[s_static_display]

Tell your Friend about us, and HELP ANIMALS.

 

QUESTION: Dan W writes “I don’t always get my text before the Market Closes… Can you help?”

ANSWER:  Sorry for the problem Dan. Last week Verizon had many texts that did not go thru. We suggest that ALL JOIN TWITTER, @AboveGreenLine, as it is the fastest and most reliable for texts. Simply Follow Us and click on the wheel to “Turn on Mobile Notifications”. Please email for help.

QUESTION: Lynn M writes “could you explain why some positions are highlighted in yellow on your open positions page?”

ANSWER: When the Money Wave Indicator on the bottom of the Chart > 50, you should raise your Sell Stop to where you bought it: (Don’t Take a Loss)… That is indicated by Yellow.  If Investment is not Popping by 50 on the Money Wave, the trade might be too early, so be prepared to EXIT.

See Rules 

 

 

Posted By AbovetheGreenLine at 4:02 pm Leave a Comment

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! January 29, 2023 - HelpDash on Green Line Weekly! Jan 29, 2023
  • AbovetheGreenLine on Target was Hit on IVERIC Bio for a 13.4% Gain.
  • Gustavo Covacevich on Target was Hit on IVERIC Bio for a 13.4% Gain.
  • AbovetheGreenLine on Money Wave Alert! Jan 31, 2023
  • tri nguyen on Money Wave Alert! Jan 31, 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