SPX Chart
The S&P 500 is quickly back up to the Red Line (50-day avg.)

 

Markets  shot up today after the Election Results from last night. However, most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).

Be careful Buying now for Short Term Trading (maybe another dip back down soon). Please wait for Green Zone Buy Signals.

 

Crude Oil is down again at $61.70. 

____________________________________________________________________________________

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:   

AMD    ADVANCED MICRO    Wait for pull-back around $18.50.     
EUM    INVERSE EMERGING MARKET FUND
ROKU    ROKU, INC.    Wait for pull-back around $53.    
RWM    INVERSE SMALL CAP FUND
SQ    SQUARE, INC.    Wait for pull-back around $69.   
USO    US OIL FUND   Wait for 2nd Buy.

  

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).

______________________________________________________________________________________

 

SELLS TODAY    

 

EXIT    XLV        HEALTH CARE FUND    on the  Close today, or have a tight Sell Stop Loss below it to capture a 5% Gain.

 

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.

Related Post

Money Wave Alert! Nov 6, 2018

Leave a Reply