The Markets “Gapped Up” today, as the Indices bounced at the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.
Why is Tammy “Panic Buying”? Is Trump Superman? Has Tammy forgotten that the FED should raise Interest Rates on March 15th? What will Tammy do if Congress not pass Trumps ideas (Tax Cuts, New Health Care, Balance Budget, etc).
The Markets are priced for Goldilocks, but we know the Markets will RETURN to the Green Line… Let Tammy BUY HIGH, and we will BUY from her, when the porridge gets cold.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
AXAS ABRAXAS PETE Money Wave Buy today. We will not log, as the Volume is low.
RIO RIO TINTO Money Wave Buy today. We will not log, as RIO is Way Above the Green Line.
VALE VALE DEL RIO Money Wave Buy today. We will not log, as VALE is Way Above the Green Line.
XME METALS & MINING FUND. Money Wave Buy today. We will not log, as XME is Way Above the Green Line.
ON DECK to Buy soon: EWZ BRAZIL FUND. We will email when they are ready.
SELLS
Exit CENX CENTURY ALUMINUM on the Close today, or a tight Sell Stop as it is up 10%.
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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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.