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.
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).
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.