09/08/2016: Markets were down slightly today, but the S&P 500 is still trying to re-test the mid August High of 2194. Failure to push thru could cause selling. Most Leading Funds are in the Red Zones.
We closed out 4 positions today for decent gains. AG up 8.1%, EWZ up 3.1%, ILF up 1.7% and PAAS up 8.0%. See our Current Open Positions.
The Gold Miners could easily go back down to re-test the recent Lows, soon.
Many Funds are now in the Red Zones (probably too late to Buy). Wait for Money Wave Buys coming out of the Green Zones. AMD is in the Green Zone. We will email you when they are ready.
Follow our Watch List Page . Also Charts
Alert! Market Risk High. The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.