Markets were up slightly today as the Gold Miners made 52 week Highs. The Miners are betting on eventual Inflation from the FED not Raising Rates for a while. We will probably have a Money Wave Buy on the Miner next time down to the Green Zone.
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).
This is the hard part for Investors: WAITING. Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil was up $0.75 today at $57.27.
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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.)
EXAS EXACT SCIENCES CORP.
SAVE SPIRIT AIRLINES 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 EWZ BRAZIL FUND if it is going to Close below your Buy Price, or $43.70.
EXIT I INTELSAT GLOBAL (2nd Buy only) on the Close today, or have a tight Sell Stop Loss below it, as it is up 10% today and the stock is very volatile.
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.