Markets were up today as the Indices try to Close above Tuesday’s Highs. Volume was low as many are not eager to commit more Buying up here without a pull-back. The S&P 500 has Support at 2613, and needs to hold above that level.
Markets have not pulled back enough this month to create many Short Term Buys, so please be patient and WAIT.
Starbucks Corp. (SBUX) was up 3% today on better Earnings.
Crude Oil was up $0.65 today at $53.70.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
UNG US NATURAL GAS FUND (2nd Buy Signal) Money Wave Buy today. Target is $34.00. Place Sell Stop Loss below Support of $25.83 on the Close.
Money Wave Buys Signals Soon:
CROX CROCS, INC.
IBN ICICI BANK LTD.
RWM INVERSE SMALL CAP FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
SAVE SPIRIT AIRLINES
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 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!