Money Wave Alert! Nov 6, 2018

 

Markets  were up slightly today, but have not exceeded Friday’s High as many Investors wait for the Election Results tonight. 

Many Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Be careful Buying now for Short Term Trading (maybe another dip back down soon).

There should be a Money Wave Buy soon on the first Inverse Fund for 2018.  EUM    INVERSE EMERGING MARKET FUND is Above the Green Line with 95 Relative Strength, and is now in the Green Zone for a Buy Signal soon. The opposite of EUM is    EEM    EMERGING WORLD MARKETS FUND, which Breaks the Rules (Below the Green Line with only 12 Relative Strength).

 

Crude Oil is down again at $62.15. Today might be the Selling Climax on Oil.

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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:   

AMD    ADVANCED MICRO    Wait for pull-back around $18.50.   
AMZN    AMAZON.COM     Wait for Medium Term Buy (Above Pink Line).    
EUM    INVERSE EMERGING MARKET FUND
ROKU    ROKU, INC.    Wait for pull-back around $53.    
RWM    INVERSE SMALL CAP FUND
SQ    SQUARE, INC.    Wait for pull-back around $69.   
USO    US OIL FUND   Wait for 2nd Buy.

  

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    

 

EXIT    AES    AES CORP.    on the  Close today, or have a tight Sell Stop Loss below it to capture a 8% Gain.

LOWER the Sell Stop Loss on   USO    US OIL FUND    to $13.00 as USO is very Over Sold and the Money Wave is in the Green Zone for a 2nd Buy soon.

 

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.