Market-2

 

12/11/2016:  Markets squirted up 3% this week, right before the FED is probably going to RAISE Fed Funds Rate… Why is nobody talking about the FED? Most are Excited about the Trump Rally, and are hopeful many problems will be fixed.  What we KNOW is that the  S&P 500  and US Dollar are Way Above the Green Line.  

Bonds and Gold Miners are Way Below the Green Line. HOW DOES IT END? All will RETURN to the Green Lines… We just don’t know how far Investments will STRETCH from the Green Lines, before they snap back… The Stretching is temporary Human Emotion, which always fades over time. But Emotion give us Opportunities to Make Money.
The US Dollar is back up to the Highs, and might form a “Double Top” soon… If so, the Gold Miners might start up soon. There is FEAR in the Miners, as they have been correcting down 36% from the August highs. That is a lot, but remember, GDXJ had a run from $17 to $52 this year (205%), so a normal Wave 2 Correction is 38%. If the Elliott Wave count is correct, and GDXJ is going down on Wave 2, Wave 3 UP could go up to $91 from this low!  Wait for strength and Buy Signal.

Please view the Leader List Charts for pending Money Wave Buys & Open Positions.

Money Wave Buys Soon:  NONE.
Now is the time to RAISE CASH and WAIT for Money Waves Buys when they enter the Green Zones. We will email you when they are ready.  

Click for  Watch List   

Click for  Open Positions   

Click for Closed Positions

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Tell your Friend about us, and HELP ANIMALS.

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– Weekly Commentary Dec 4, 2016

 

12/4/2016:  Markets were down slightly for the week, after being extremely over-bought.  The  S&P 500  is back up in the Red Zone on the weekly Chart above, and is also at the Top Bollinger Band from the Trump rally.  Normally a pull-back to the Red Line (50-day avg.) is needed soon to re-charge the rally. Many Leaders are quickly back down in the Daily Green Zones, so they should bounce up soon to re-test their recent highs.

The US Dollar is starting to correct, so the Gold Miners might start up soon. There is FEAR in the Miners, as they have been correcting down 36% from the August highs. That is a lot, but remember, GDXJ had a run from $17 to $52 this year (205%), so a normal Wave 2 Correction is 38%. If the Elliott Wave count is correct, and GDXJ is going down on Wave 2, Wave 3 UP could go up to $91 from this low!  Wait for strength and Buy Signal.

Don’t forget that Interest Rates are up 85% since the Summer!

 

Please view the Leader List Charts for pending Money Wave Buys & Open Positions.

Money Wave Buys on Friday for FCX  JWN & SGEN.

ON DECK:  AMKR  BBY GGB IWM  MRVL  MU  NAVI  SMH  WEN
Be patient and wait for Money Waves Buys. We will email you when they are ready.  

Click for  Watch List   

Click for  Open Positions   

Click for Closed Positions

 

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Tell your Friend about us, and HELP ANIMALS.

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– Tuesday Nov 29, 2016

 

11/29/2016: The Markets continued to tire out from being extremely over-bought. Usually after a steep up rally like the last 3 weeks, the S&P 500 would correct down near the Pink Line, and go back up to re-test recent Highs. Then if it cannot go above the previous High, it would normally have a larger pull-back down to the Red Line (50-day avg.). That will probably happen with BAD NEWS.

The Leading Funds were back up in the Red Zones (probably too late to Buy for the short term), but we should have some Money Wave Buys soon. Bonds are trying to have a short term bottom, but Break the Rules.
Now is the time to have patience & WAIT for Money Waves to return to their Green Zones.

Wait for Money Waves Buys soon for AMKR & OCLR.   We will email you when they are ready.  Watch List   

Click for Charts for Leaders 

Click for Current Open Positions   

Click for Closed Positions      

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

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– Monday Nov 28, 2016

 

11/26/2016:  To find a good Investment opportunity, you need to look for FEAR! Last month before the Election, the Herd was scared of what might happen. Since then the DOW has bounced off the Green Line and rallied 1268 points. Now the FEAR is gone in Equities, so we must look elsewhere.

Markets were up for the week on low Holiday Volume, as the  S&P 500 was able to surpass  the August High of 2194 and Close at 2213. Most leading Funds are back in the Red Zones (probably too late to Buy for the short term), so RAISE CASH. We have a FED Interest Rate hike coming up soon, that most have forgotten about.

The US Dollar made a higher High this week, so the Gold Miners are still weak. There is FEAR in the Miners, as they have been correcting down 36% from the August highs. That is a lot, but remember, GDXJ had a run from $17 to $52 this year (205%), so a normal Wave 2 Correction is 38%. If the Elliott Wave count is correct, and GDXJ is going down on Wave 2, Wave 3 UP could go up to $91 from this low!  Wait for strength and Buy Signal.

There is also FEAR in the Bonds as they are very over-sold, but Bonds are Below the Green Line with Low Relative Strength. They should bounce up some on Short Covering soon.

 

Be patient and wait for Money Waves Buys. We will email you when they are ready.  Click for  Watch List   

Click for  Open Positions   

Click for Closed Positions

Click for Charts for Leaders 

Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.

Tell your Friend about us, and HELP ANIMALS.

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– Wednesday Nov 23, 2016