Money Wave Alert! Dec 4, 2018

 

Markets  dumped down today on profit taking as Smart Money sold on the Good News. The rally was over-bought on the Short Term as the Leaders were back up in the Red Zones (probably too late to Buy for the Short Term).

The Leaders should bounce near their Pink Line (10-day avgs.) soon and try to go higher.

Please be patient and WAIT for Green Zone Money Wave Buy Signals below.

 

Crude Oil  was unchanged today at  $53.00. 

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

 

BUYS TODAY   

 

EUM    INVERSE EMERGING MARKETS FUND     Medium Term Buy today. Target is $21.75. Place Sell Stop Loss below Support of $19.30 on the Close.

 

RWM    INVERSE SMALL CAP FUND     Money Wave Buy today.  RWM will not be logged as it is already up 3.8% today.

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

 

 

Money Wave Buys Signals Soon:   

ENDP    ENDO PHARMA    Place Buy Stop Order above $13.02.      
LW    LAMB WESTON    Relative Strength is Below 90.    
NIHD    NII HOLDINGS

VSLR    VIVINT SOLAR

  
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY     

 

LOWER  SELL STOP LOSS on    CIEN    CIENA CORP.    to $30.33 on the Close.  

EXIT    XLP        CONSUMER STAPLES FUND    if it is going to Close below the Pink Line around  $55.44.   

 

CHANGE    NIHD    NII HOLDINGS   to Long Term (Sell Stop Loss below the Green Line of $3.99.   This trade was not logged.

EXIT    ULTA    ULTRA BEAUTY    if it is going to Close below your Buy Price, or $300.37.  This trade was not logged.

 

 

Please Check   PORTFOLIO  (Open Positions) and adjust your Sell Stops.

Click for  CLOSED POSITIONS.

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).

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.