03/12/2017: Markets were down slightly for the week, as the Indices have corrected a little. Optimistic Investors are fully in these Markets, expecting total perfection.
Consumer Confidence is at a 15 year High… While that is great news, it is more of a Sell Signal for Smart Money (Buy Bad News, Sell Great News). This Wednesday, the FED will probably RAISE short term Interest Rates. but nobody Cares, YET.
The Bonds & Commodities have been going down together … Historically they move opposite (Bonds love Slow growth, and Commodities love Fast growth) so one is going to be totally wrong, and we should find out soon.
Since Commodities are historically Low and most do not own them yet, they will probably turn up and we will end up with Inflation… There is still a chance that the FED raises Rates (or tightens) too much and we go back into a slow-down.
We don’t worry… There should always be Investments going up EVERY YEAR that meet the Green Line Rules. Raise some CASH, and wait… there will be some BAD NEWS, and we will be ready to BUY!
ON DECK to Buy soon: AKS AK STEEL , ARNC ARCONIC INC, CENX CENTURY ALUMINUM, CLF CLIFFS NAT’L RES. CSX CSX CORP, FCAU FIAT CHRYSLER, JPM JP MORGAN, KRE BANKING INDEX, LUV SOUTHWEST AIR, VALE VALE DE RIO, X US STEEL, XME METALS & MINING FUND.
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:
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.
Tell your Friend about us, and HELP ANIMALS.
QUESTION: Eric K writes: “I’ve been subscribed for a couple days now, but the text alerts are always coming out after market close, so if there was a signal to buy/sell it wouldn’t matter.
Are the notifications always this delayed?”
Thank you for writing, Eric.
The Intra-day emails and text go out between 3:30 -3:45 EST… The texts are going to your phone carrier, but are not always routed timely to your phone.
Instead, you should Follow is on Twitter @AboveGreenLine . Today’s Tweet was time stamped : 3:36 PM EST.
Go to @AboveGreenLine and follow us, and make sure you click on the 3 dots to “turn on Mobile notifications”. You will be impressed.
Also, all of the emails are always on the Main Menu under Commentary/ Buy & Sell Signals.
Good trading, and tell your friends!