06/19/2016 Weekly Commentary: Markets were down for the week, and the Major Indices are now back down in the Green Zones. The S&P 500 should bounce at the Red Lines (50-day avgs.) soon, and re-test the 2121 recent high. Maybe another pull-back soon to re-test the recent lows, first.
Money Wave Buys on Friday for HPE & WPX. (See listing below)
Soon for BBG, BIG & SN. We will email when they are ready.
Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.
Date | Symbol | Type | Purchase Price | Stop Loss | Status | Sale Price | Sale Date | Comments | Net |
6/15/2016 | ALB | Short Term | $79.71 | $80.09 | Open | Money Wave is in Red Zone. | |||
6/15/2016 | INO | Short Term | $10.69 | $10.69 | Closed | $10.47 | 6/17/2016 | Money Wave > 50. | -$0.22 |
6/15/2016 | OCLR | Short Term | $4.98 | $4.98 | Open | Money Wave is in the Red Zone. | |||
6/16/2016 | CNQ | Short Term | $28.70 | $28.70 | Open | Money Wave > 50. | |||
6/16/2016 | DAR | Short Term | $15.15 | $14.73 | Open | ||||
6/16/2016 | HUN | Short Term | $15.31 | $15.31 | Open | Money Wave > 50. | |||
6/16/2016 | SID | Short Term | $2.09 | $2.09 | Open | Money Wave > 50. | |||
6/16/2016 | YNDX | Short Term | $21.09 | $20.50 | Open | ||||
6/17/2016 | HPE | Short Term | $18.94 | $18.22 | Open | Money Wave > 50. | |||
6/17/2016 | WPX | Short Term | $9.48 | $8.98 | Open |