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March 15, 2017

Money Wave Alert! Mar 15, 2017

VALE Chart
VALE is UP 8% on Dollar Drop!

 

The Markets  are up today, as Crude Oil finally bounced, and the US Dollar dropped.  The Indices have been holding up very well, which means that Tammy still has some Money to spend. The DOW wants to try the Highs again.

The FED RAISED the Fed Funds today, and the Dollar is taking take profits on the FED News.

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.

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

BUYS:     CENX  CENTURY ALUMINUM    Money Wave Buy today. We will not log, as CENX is already up 5% today.

 

ON DECK to Buy soon:   CARA CARA THERA,    GS   GOLDMAN SACHS,    LUV   SOUTHWEST AIR,    MS    MORGAN STANLEY,   &   TRCO    TRIBUNE MEDIA.   We will email when they are ready.

 

SELLS

EXIT  CLF  CLIFFS NAT’ RES.  on the Close, or have a tight Sell stop Loss below it.

EXIT   VALE    VALE DEL RIO   on the Close, or have a tight Sell stop Loss below it.

Posted By AbovetheGreenLine at 2:39 pm 2 Comments

Comments

  1. Sheikh says

    March 16, 2017 at 9:18 am

    CLF good call.

    Log in to Reply
    • AbovetheGreenLine says

      March 16, 2017 at 9:26 am

      Thanks!

      Nice little trade…

      Log in to Reply

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Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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