The Markets are up today, as Crude Oil finally bounced, and the US Dollar dropped. The Indices have been holding up very well, which means that Tammy still has some Money to spend. The DOW wants to try the Highs again.
The FED RAISED the Fed Funds today, and the Dollar is taking take profits on the FED News.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
Many Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS: CENX CENTURY ALUMINUM Money Wave Buy today. We will not log, as CENX is already up 5% today.
ON DECK to Buy soon: CARA CARA THERA, GS GOLDMAN SACHS, LUV SOUTHWEST AIR, MS MORGAN STANLEY, & TRCO TRIBUNE MEDIA. We will email when they are ready.
SELLS
EXIT CLF CLIFFS NAT’ RES. on the Close, or have a tight Sell stop Loss below it.
EXIT VALE VALE DEL RIO on the Close, or have a tight Sell stop Loss below it.
CLF good call.
Thanks!
Nice little trade…