Markets “Gapped Up” today, as the Indices were able to hold above the Pink Lines (10-day avgs.) around to avoid going into a Short Term Sell Signals.
The Dow and Small Cap Indices have been able to exceed last week’s Highs, but the S&P 500 and NASDAQ 100 have not. The Small Caps made an All-Time High today.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
Crude Oil made another New High today at $72.35.
_____________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
RHT RED HAT INC. Money Wave Buy today. Place Sell Stop Loss Below Support of $159.62 0n the Close.
Money Wave Buys soon for:
GERN GERON CORP. Money Wave must Close in the Green Zone.
HLF HERBALIFE NUTRITION
MLCO MELCO RESORTS Money Wave must Close in the Green Zone.
NIHD NII HOLDINGS
SRNE SORRENTO THERA. Money Wave must Close in the Green Zone.
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.