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May 21, 2017

Weekly Commentary May 21, 2017

UUP Chart
The US Dollar is Now Below the Green Line!

 

05/21/2017:  Markets were down slightly for the week, after rebounding from Wednesday’s Dump. McDonalds Corp. is up 36% since crossing back Above the Green Line after the Election, and is still 20% Above the Green Line. Apple Inc. is up 51% since the Election, and is still 23% Above the Green Line. To expect more from these stocks or the Market anytime soon, is NOT REALISTIC based on history.  

WHEN you Buy, is many times more important than WHAT you Buy… Smart Money Bought on FEAR before the Election, when Mark Cuban and others said the Markets would tank… Now the Mutual Funds have very little Cash left, and Tammy wants them to BE IN THIS MARKET. It is now hard to find Insiders or Officers of companies buying their stock now (Buy when Insiders Buy).

The US Dollar has dropped Below the Green Line since January, which can be good for Tech & Semiconductor Companies, but can also result in higher prices and Inflation down the road.

Many of you are Longer Term, and Buy & Hold Investors that don’t want to be warned about Over-Bought Markets. However, Market pull-backs are healthy, and should create better trading than what we have now.

 

MONEY WAVE BUYS SOON:    There are currently only 1 Open Positions,  and 6 Investments are on the Short Term Watch List.   Wait for GREEN ZONE BUYS.  We will email or text when they are ready.  

 

LONG TERM TRADES – The BRAZIL FUND EWZ tanked this week, so we will probably try to EXIT soon around the Red Line of $37.00.

We are looking for a good Entry Point for these, which could possibly Double:

DBC   COMMODITY FUND   Waiting for Break Out Above $16.08.
DDD   3D SYSTEMS CORP.   Waiting on a Pull-back.
IPI    INTREPID POTASH    Waiting for Break Out Above $3.04.
JJC     COPPER FUND            Waiting on a Green Zone Pull-back.
KOL    COAL FUND         Waiting for a Bounce off the Green Line.
MDR    MCDERMOTT INT’L.  Waiting for Bounce Up & Above 90 Relative Strength.
UGA   US GASOLINE FUND   Waiting on Break Out Above $32.03.
VALE   VALE DE RIO   Waiting for Bounce off the Green Line.
WFM   WHOLE FOODS MARKET   Waiting on a Pull-back.

 

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

Alert! Market Risk is 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.

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Related Post

– Weekly Commentary May 14, 2017

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