Archives for July 2017

Markets “Gapped Up” today, as buyers came in with the S&P 500 down on the Red Line (50-day avg.)  Now it must make New Highs soon for the rally to continue.  

The Tech Stocks are bouncing out of the Green Zone.

Bonds have dumped for the last 2 weeks, but are now over-sold on the Short-Term. 

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:   

EXTR   EXTREME NETWORKS   Money Wave Buy today. We will not log EXTR, as the Volume is low today.

Money Wave Buys soon for:   BLUE   BLUEBIRD BIO,   EWY   SOUTH KOREA FUND,   MLCO   MELCO RESORTS,   ORCL   ORACLE CORP.  &   TCEHY   TEN CENT HOLDINGS.

We will email you when they are ready. Click on WatchList

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).

SELLS TODAY:  

We LOWERED the Sell Stop Loss on  OMER   OMEROS CORP. to $18.63, as the Money Wave is back in the Green Zone, and the Relative Strength is still 98.

EXIT   AAOI    APPLIED OPTO  for a 9% Gain in a week, or have a tight Sell Stop Loss below it.

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. We will not log trades if the Reward/Risk is not at least 2:1.

HAVE A NICE WEEKEND!

Markets are down today, and the S&P 500 is back down on the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.  

The Tech Stocks are trying to hold in the Green Zone.

Bonds have dumped for the last 2 weeks, but are now over-sold on the Short-Term. 

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:   

JD   JD.COM INC.   Possible Money Wave Buy today, if Indicator Closes > 20. Place Sell Stop Below $38.51 on the Close.

NVDA   NVIDIA CORP.  This is an additional Money Wave Buy today. Place Sell Stop Below $138.58 on the Close.

Still a large Watch List list for Money Wave Buys this week.

We will email you when they are ready. Click on WatchList

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).

SELLS TODAY:  

EXIT   EWW   MEXICO FUND if it Closes Below the Pink Line of $53.77.

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. We will not log trades if the Reward/Risk is not at least 2:1.

Markets CLOSE at 1:00pm EDT today!

Markets popped up today, but the Techs are still weak, and trying to hold above the June Lows.

The DOW Index holding up the best. 

S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.  

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:   

BA   BOEING CORP   Money Wave Buy today. We will not log, as BA is Way Above the Green Line.

Today has a large Watch List listed above for Money Wave Buys next week.

Money Wave Buy Signals soon:  We will email you when they are ready. Click on WatchList

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).

SELLS TODAY:  

LOWER SELL STOP LOSS again on NVDA   NVIDIA CORP to $137.62, as Relative Strength is still 98, and it is still above the Red Line.

EXIT SMH SEMICONDUCTOR FUND if it is going to Close Support of $81.18.

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. We will not log trades if the Reward/Risk is not at least 2:1.