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SEVERAL NEW LONG POSITIONS: BUY BRZU, BRAZIL

|Includes: Direxion Daily Brazil Bull 3x Shares ETF (BRZU)

SEVERAL NEW LONG POSITIONS: BUY BRZU, BRAZIL

Apr. 6, 2017 5:33 PM ET • BRZU, CNTF, HDP, AXASComment! comments

Disclosure: I am/we are long BRZU.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

We have simplified our system so we can get our report out earlier for tomorrow.

We are still LONG UDOW -- LONG the market.

We have some new LONG positions today -- our favorite BRZU.

Here's the report:

4/6/17                
      COUNT     NEW POS NEW POS  
SYMBOL CLOSE COUNT DIFF PROP1 POSITION TODAY YESTERDAY ISSUE
                 
MYL 38.965 -8 -2 -25 Short     Mylan Labs
BRZU 38.87 -2 2 -7 Long Enter Long   * Brazil Stocks Bullish ETF 3x (NYSE:O)
HDP 10.84 -16 2 3 Long   <--- Hortonworks
YGE 2.9 -4 2 3 Long   <--- Yingli Green Energy China
AG 8.71 4 2 5 Long     First Majestic Silver
AMSC 6.71 10 2 5 Long     American Superconductor
AXAS 2.24 4 2 5 Long   <--- Abraxis Petro
COP 49.79 -12 2 5 Long     Conoco Philips Daily
EGO 3.45 8 2 5 Long     El Dorado Gold Mines
GDXJ 36.69 8 2 5 Long     Gold Junior Minors ETF Daily
GFI 3.63 10 2 5 Long     Gold Fields
HL 5.395 4 2 5 Long     Hecla Mining
HLF 57.87 10 2 5 Long     HERBALIFE
IAG 4.22 4 2 5 Long     I Am Gold
KTOS 7.88 4 2 5 Long     Kratos Defense & Security
MTL 5.81 8 2 5 Long     Mechel Open Joint Stock Company
PAAS 17.95 10 2 5 Long     Pan-American Silver
RGLD 71.5 10 2 5 Long     Royal Gold Inc
SAND 4.47 8 2 5 Long     Sandstorm Gold
SSRI 11.2 10 2 5 Long     Silver Standard Resources
CNTF 2.16 10 2 7 Long   <--- China Tech-Faith Wireless
RUSL 98.07 10 2 23 Long     * Russia Stocks Bullish ETF 3x
TSLA 298.83 6 2 23 Long     Tesla Motors Daily
                 
LEGEND                
  PROP1              
Above or equal to -7 is bullish              
  COUNT              
COUNT less than zero and climbing with a PROP1 greater than of equal to -7, is a BUY.      
COUNT greater than zero and falling with a PROP1 less than -7 is a SHORTSELL.        

In addition, the following stocks gave us a "running-start" BUY SIGNAL, which means they beat us by a few days to the starting gate.

If BRZU and AXAS are bottoming, then can EMES be far behind? We looked at our EMES monthly chart last night. Look how nicely the COUNT indicator marks trading bottoms.

EMES is not a buy today because its last sell-off drove POP1 into the SELLZONE. We are waiting for POP1 to recover. In terms of our LONG-TERM SUPPORT-RESISTANCE STRENGTH, EMES is our #2 stock.

4/6/17    
     
CGTS LONG-TERM SUPPORT-RESISTANCE STRENGTH
     
TOP TWENTY FIVE  
     
SYMBOL CLOSE ISSUE
     
FINU 65.8 * Fin St Bullish ETF 3x (NO)
EMES 13.59 Emerge Energy Services
CENX 12.73 Century Aluminum
BCRX 7.405 BioCryst Pharmaceuticals
X 32.86 US Steel Corp
VALE 9.17 VALE S.A.
IIVI 33.3 II-VI INC
DPST 59.17 * Regional Banks Bullish ETF 3x (NO)
CMA 67.99 Comerica (banking)
CYH 8.945 COMMUNITY HEALTHCARE
CLF 8.46 Cliffs Natural Resources
CC 37.625 The Chemours Company
GLEN.L 319.35 Glencore International
ALNY 47.85 Alnylam Pharma
FAS 43.93 *Financial Stocks Bullish ETF 3x
FCX 13.555 Freeport McMoran Mining
RUSL 98.07 * Russia Stocks Bullish ETF 3x
OREX 2.53 Orexigen Pharmaceuticals
CWEI 132.91 Clayton Williams Energy
HAKK 45.813 * Cybersecurity Bullish ETF 2x (NO)
FNMA 2.535 Fannie Mae Daily
FMCC 2.41 Freddie Mac Daily
BAC 23.265 Bank of America Daily
SLM 11.9 Sallie Mae Daily
PRU 106.28 Prudential
NVDA 100.76 Navidia Daily
TRUE 14.55 True Car
     
     
BOTTOM TWENTY-FIVE  
     
     
SYMBOL CLOSE ISSUE
     
TWTR 14.376 Twitter
FINL 14.49 Finish Line
VRX 9.63 Valeant Pharmaceuticals
TEVA 32.35 Teva Pharmaceutical Daily
TNGO 5.24 Tangoe
GPRO 8.51 Go PRO
MNK 44.57 Mallinnkrodt (Biotech)
JCP 5.945 JC Penney
YGE 2.9 Yingli Green Energy China
JAKK 5.25 JAKKS Pacific
RGLS 1.575 Regulus Therapeutics
KGJI 1.07 Kinggold Jewelry
HTZ 15.685 Hertz
JNUG 6.83 * Junior Gold Miners Bullish ETF 3x
SRPT 29.36 Sarepta Therapeutics
BMI 36.35 Badger Meter
ACHN 3.85 Achilliion Pharma
UA 19.035 Under Armor
VXX 15.89 VIX ETF
UGAZ 22.75 * Natural Gas Bullish ETF 3x (NO)
FIT 5.65 Fitbit
EYES 1.18 Second Sight
WKHS 2.31 Workhorse Group
SDRL 0.694 SeaDrill Ltd.
MNST 45.75 Monster Beverage
NAO 0.975 Nordic American Offshore

Best fortune.

MJC, CGTS

Disclosure: I am/we are long BRZU.