Markets were up again today on more Money Wave buy Signals. Try to Buy the Strongest Investments that are bouncing up off the Red Lines (50-day avgs.)
The WatchList is loaded with many Investments that are down in the Green Zones (see list below).
Please be patient, and WAIT for Money Wave Buy Signals.
Crude Oil was up again at $74.35.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
FDN INTERNET FUND Money Wave Buy today. Target is $145. Place Sell Top Loss below recent Support of $135.39 on the Close.
QQQ NASDAQ 100 FUND Money Wave Buy today. Target is $178. Place Sell Top Loss below recent Support of $169.17 on the Close.
SQ SQUARE INC. Money Wave Buy today. Target is $69. Place Sell Top Loss below recent Support of $59.40 on the Close.
MOMO MOMO, INC. Money Wave Buy today. MOMO will not be logged, as the Volume is below average.
XBI BIOTECH FUND Money Wave Buy today. XBI will not be logged, as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
I INTELSAT GLOBAL
RL POLO RALPH LOREN
VKTX VIKING THERA.
XRT RETAIL FUND
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
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 NONE TODAY
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
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!