US Markets will be Closed next Monday for a Federal Holiday.
WOW! How emotional the Markets have become! Markets were up again today as the Indices are quickly back up near their Green Line (250 day avgs.) However, most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term), so nimble traders should probably be raising Cash.
Markets have not pulled back enough this month to create many Short Term Buys, so please be patient and WAIT.
We have RAISED the Sell Stop Losses on many positions, as the DOW Index has already rallied 3000 points off the Lows. PORTFOLIO
Crude Oil was up $1.80 today at $53.85.
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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
DG DOLLAR GENERAL Money Wave Buy today. DG will not be logged, as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
I INTELSAT GLOBAL
PSQ INVERSE NASDAQ 100 FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
RWM INVERSE SMALL CAP FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
SH INVERSE S&P 500 Fund
VXX VIX VOLATILITY FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY NONE TODAY
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.
HAVE A NICE WEEKEND!