MARKETS WILL BE CLOSED ON MONDAY FOR A FEDERAL HOLIDAY.
Markets popped up today as the FEAR is completely gone with positive Consumer Confidence numbers. Sellers are now holding off.
Markets are quickly over-bought again, as many Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).
Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil was up $1.30 today at $55.70.
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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 NONE TODAY
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
EIDO INDONESIA FUND
SBS COMPANHIA DE SANEAMENTO Money Wave must Close in the Green Zone.
TWLO TWILLIO INC. Money Wave must Close in the Green Zone.
VXXB VIX VOLATILITY INDEX Medium Term Buy when it Closes above the Red Line (50-day avg.)
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT ITUB ITAU UNIBANCO if it is going to Close below your Buy Price, or $10.09. 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.
HAVE A NICE WEEKEND!
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