11/10/2019: Markets were up again for the week as the Buying stampede continued on average Volume. Markets are discounting a China Trade Deal soon [GOOD NEWS]. It is amazing that Investors who Sold last quarter on Slow Down FEARS and the Inverted Yield Curve Omen, have Flipped to Buying for a Strong Economy. But a Strong Economy normally means Higher Interest Rates, and Utilities, Bonds, and Real Estate Funds have sold off recently. These should become competing Investment for Stocks.
Soon Investors should learn that there will probably be no more FED CUTS (BAD NEWS), so we are raising CASH to BUY on pull-backs.The S&P 500 was able to exceed the July Highs of 3028, so now 3028 is Support.
For the week the Dow was up 1.36%, the S&P 500 was up 0.91%, and the Nasdaq 100 was up 1.19%. The Long Term Trend on the Stock Markets is UP.
The Inflation Index (CRB) was up 0.56% and is now slightly Above Below the Green Line, indicating Economic Strength.
Bonds were down 4.02% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was up 1.20%, on Hopes of a stronger Economy.
Crude Oil was up 1.85% for the week at $57.24, and GOLD was down 3.21% at $1462.90.
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MONEY WAVE BUYS SOON:
We are currently in 1 logged Open Positions, for the Short & Medium Term. There are 6 Investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM INVESTMENTS
Buy the Leading Investments that are down near the weekly Green Zones.
AYX ALTERYX INC. Buy if it is going to Close above $102.42 on High Volume.
ENPH ENPHASE ENERGY INC. Buy if it is going to Close above the Pink Line of $19.88.
GE GENERAL ELECTRIC CO. WAIT for next Daily Money Wave Buy Signal.
HSY HERSHEY FOODS INC. Buy if it Closes above $147.80 on High Volume.
SBUX STARBUCKS CORP. Buy if it is going to Close above $87.68 on High Volume.
SPWR SUN POWER Buy if it is going to Close above $10.33 on High Volume.
VEEV VEEVA SYSTEMS INC. Buy if it is going to Close above $149.66 on High Volume.
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Alert! Market Risk is MEDIUM (Yell0w Zone). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.
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What happened to the buy on H D at 236.80—l t b at 44.65 and [ k b h ] at 35.69. Do not c them in the portfolio. or did not list
HD was bought Oct 28 Money Wave Buy at $236.80. This trade was not logged. These trades are not listed under Closed Positions if not logged.
HD was Stopped Out when it Closed Below the Buy Price on Nov 4 at $234.92.
ITB is still in the Portfolio, but moved to Medium Term (please change the Open Position setting to view All Positions, not just Short Term).
KBH was not logged, and Stopped out when it Closed Below the Buy Price on Nov 4 at $34.46.
These Sells are listed in the Daily Email Alert under SELLS TODAY.
Thank you.