01/15/2017: The stock market is closed in observance of Martin Luther King, Jr. Day on Monday Jan 16th.
The Markets continued sideways for the 5th week, after the surge from the Trump Rally that began after the Election Nov. 8th.
While the Media spends every day gabbing about DOW 20,000, most of you probably don’t realize that other than Financials and Semiconductors, the Strongest Funds are Steel, Coal, Uranium, Metals, Russia, Gasoline & Copper. None of the Major Indices are Leaders, and all have Below 90 Relative Strength.
Is it possible that INFLATION is Coming? Will your 401K Plan do well with INFLATION?
MONEY WAVE BUYS SOON:
Now the Leading Funds are back up in the Red Zones again (probably too late to Buy for the Short Term)… Now you must BE PATIENT, and WAIT for Green Zone Buy Signals.
Recent Money Wave Buys have been triggered, and many are getting quickly Stopped Out. The bounces were poor from lack of Buyers. Most HOPEFUL Investors are now IN the Markets and they FEEL GOOD! But Wise Investors TAKE PROFITS when the HERD FEELS GOOD.
Just control your EMOTIONS, and WAIT FOR IT. Train yourself to BUY BAD, SELL GOOD!
LONG TERM TRADES – We are looking for a good Entry Point for these, which could Double:
Please view the WATCH LIST for pending Money Wave Buys.
Wait for Money Wave Buy Signals. We will email you when they are ready.
Click for Open Positions
Click for Closed Positions
Alert! Market Risk HIGH (Red Zone). 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.
Tell your Friend about us, and HELP ANIMALS.
QUESTION: Paule writes “I looked at your VIX indicator (XIV;VXX) in your Jan 13 comment,
Could you explain it? What does it tell you that the Vix does not? Thanks”.
ANSWER: The XIV:VXX Chart has gone PARABOLIC which is PANIC BUYING and is not sustainable. Also the Indicator is Way Above the Green Line, and we know how that ends… The Herd is Convinced that Trumpism will take the Markets much Higher, and has PANIC BOUGHT! This is how many LOSE MONEY, because they don’t know WHERE THE GREEN LINE IS.
A trained monkey can learn to Buy in Green Circles, and Sell in Red Circles, but Humans have EMOTIONS which FAIL them most of the time.