09/13/2016: Markets are down re-testing yesterday's low of 2119 on the S&P 500. At the time of this email, we don't know if it will be a Double Bottom and bounce yet. There should be a rally soon, as many Leaders are in the Green Zone, … [Read more...]
Archives for September 2016
Monday Sep 12, 2016
09/12/2016: Markets popped up today, as Buyers came in at the 2130 Support of May 2015. Maybe a re-test down of today's low soon, then the S&P 500 must Make New Highs above the recent 2194 High to continue this rally since the … [Read more...]
Weekly Commentary Sep 10, 2016
09/10/2016: Markets were down for the week, after Failing to exceed the mid August High of 2194. This was a short term Double Top, and selling came in. The S&P 500 has finally dropped down to TEST the 2130 Support of May 2015. Bonds … [Read more...]
Thursday Sep 8, 2016
09/08/2016: Markets were down slightly today, but the S&P 500 is still trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones. We closed out 4 … [Read more...]
Raise Sell Stop Losses Sep 8, 2016
We suggest Selling EWZ today above $35.00, or EXIT today anytime below $35. We suggest Selling ILF today above $29.00, or EXIT today anytime below $29. We suggest Selling AG today above $13.25, or EXIT today anytime below $13.25. We suggest … [Read more...]
Wednesday Sep 7, 2016
09/07/2016: Markets drifted today as the S&P 500 is trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones. We might close out more positions tomorrow ... We … [Read more...]
Tuesday Sep 6, 2016
09/06/2016: Markets continued up today as the S&P 500 is going back up to re-test the mid August High of 2194. Failure to push thru could cause selling. Big Cap darlings AMZN & FB made new Highs. GOLD and Metals rallied more as … [Read more...]
Raise Sell Stop Losses Sep 6, 2016
CDE is up 7% today... We suggest Selling today above $14.40, or use a $14.40 Stop anytime before the Close today. We have also tightened the Stop Losses on most OPEN POSITIONS Nimble Traders sell soon, or if they CLOSE below the Stops. Real … [Read more...]
Weekly Commentary Sep 5, 2016
09/05/2016: Markets were up 1/2 % for the week after bouncing again at the Red Lines (50-day avgs). With the Markets Way Above the Green Lines, and the Volatility Index VIX very low, a pull-back will happen on some Bad News... Wait for … [Read more...]
Money Wave Buy Alert! Sep 2, 2016
The Following Investments will probably have a Money Wave Buy Signal (Slow Stochastic Closing > 20) on today’s Close. Money Wave Buys today… AG GDX We will not buy GDX today, as it is about 8% above yesterday's Support of $25.17. … [Read more...]