The Markets are down slightly today, as the very Strongest Techs are having mild profit taking. The S&P 500 corrected down to 2404 before bouncing… It should re-test last Thursday’s High of 2419 again soon.
The Financials and Small Caps are still struggling on fears of Economic weakness.
Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term).
Traders, RAISE Cash so you will have Funds to Buy on the next pull-back into the Green Zones.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY: MOMO MOMO INC. Money Wave Buy today.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT EXAS EXACT SCIENCES on the Close today, if you bought it. EXAS “gapped up” 11% today!
Click for PORTFOLIO (Open Positions)
Click for CLOSED POSITIONS
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.