Thursday, October 31, 2013

Sell signal

Market alert:  SELL signal generated

I'm posting this from my phone today, so I can't update the needles yet, but a sell signal was generated yesterday.

Sunday, October 20, 2013

Martket Alert: RUM Wave SECURE PROFITS signal

Market Alert:  RUM Wave SECURE PROFITS signal

RUM Wave Analytics has moved to a SECURE PROFITS signal with a 5 day forecast of NEUTRAL.

While a change in trend to the downside has not been confirmed, our indicators are showing a short term top could be approaching in the near future.  If one was to follow our trading strategy and purchased a triple leveraged ETF (such as UDOW) on the day following our last BUY signal they would be enjoying a little more than a 5% gain in 10 days.  Investors that are content with that return should consider securing those profits at this time.  More aggressive investors could remain in the market a while longer until a SELL signal is generated but will run additional risk of a sudden market downturn.

Friday, October 11, 2013

Market Alert: RUM Wave BUY Signal

Market Alert:  RUM Wave Buy Signal

A BUY signal was generated Thursday, however I'm a little cautious about it.  It is not the type of signal that typically signals a strong rally.  Any buying of new positions should be closely monitored.  Trailing stops are definitely warranted for now.

Tuesday, October 8, 2013

Market Alert: Status change to HOLD

Market Alert: Status change to HOLD

A majority of the selling looks to be complete in this decline.  A change in trend direction to the upside is on the horizon, but is not here yet.  I think we are very likely to see a bounce based on the new Fed chairperson announcement, but the debt ceiling debate still looms.