The Markets went down and down last quarter, warning the FED not to RAISE RATES anymore. But the FED did not listen and Raised Rates more. So the Markets continued down and finally the FED caved in today (after Tammy sold out near the recent Lows) and we got a big rally.
Longer term the Markets are Over-Sold and should return back up towards the Green Line after backing and filling.
Crude Oil was up $1.10 today at $48.20.
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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 NONE TODAY
Money Wave Buys Signals Soon:
RWM INVERSE SMALL CAP FUND
VXX VIX VOLATILITY FUND
KDP KEURIG DR. PEPPER Place Buy Stop Order above $25.76.
NIHD NII HOLDINGS ABORT! Volume is very Low today. Place Buy Stop Order above $4.49.
XLU UTILITIES FUND Medium Term. Wait for Close Above the Pink Line
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).
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SELLS TODAY
EXIT SH INVERSE S&P 500 FUND if it is going to Close below Support of $31.18 on the Close.
EXIT PSQ INVERSE NASDAQ 100 FUND if it is going to Close below Support of $34.09 on the Close. This Trade was not logged.
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!
