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Monday, October 20, 2014

No Buy Signal Yet - Decline to Continue

Oct 20, 2014 Monday

Finally IBM is learning that financial  engineering does not make a stock grow. Markets after a small rally are moving lower and will make a new low soon.
We have started a new motif for energy  based upon XLE  ETF. You can invest in all motifs like a mutual fund even IRA funds and click on the MotifInvesting button on the right side and you will get $100 back from them. We are not affiliated with Motifinvesting.

DJI
SPY

QQQ
SPXU  Going to New Highs soon

SPXL

GLD
GDX
NUGT
XLE   Energy ETF

The top holdings of XLE

ERX Bull  Going Lower

ERY  Energy Bear Going Higher

2 comments :

Unknown said...

Interesting timing on the new energy play. I have been watching some ETF's already and glad you made a motif. Would you be willing to link to the motif? I can't find it in the catalog this morning. Keep up the good work.

Unknown said...

Link
https://trader.motifinvesting.com/motifs/energy---bullish-or-bearish-Y5bgnvYY#/overview

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