Markets are up slightly today, and the Big NAZDAQ Darlings like AMZN GOOGL NFLX & MSFT are pushing higher on AAPL Earnings on Tuesday. Try to unload investments that you own that are struggling (not making New Highs), so you will have Cash to Buy again in the Green Zones!
This should be the Wave 5 up of the Trump Rally that began Nov 8, 2016, and the S&P 500 is up at the March Resistance.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
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: NONE TODAY
Please click on the WatchList to look for more Money Wave Buy Signals soon. We will email you when they are ready.
SELLS TODAY: Many Positions are in the Red Zones… If you are uncomfortable holding on near the Highs, then take profits…
EXIT IMMU IMMUNOMEDICS if it is going to Close Below your Buy Price, or $5.52.
EXIT NRG NRG ENERGY if it is going to Close Below your Buy Price, or $16.73.
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.