Money Wave Alert! Jun 21, 2017

JD Chart
Nice 8% JD.com Pop in a week!

 

Markets are mixed today, as the  Techs are up and Oil is lower.

The DOW Index is currently holding up the best.  Bonds are seeing weakness… Somebody is wrong!

The BioTechs have broken out this week.

 

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:   NONE TODAY

Money Wave Buy Signals soon:   BBY   BEST BUY CO.     &  CENX   CENTURY ALUMINUM.  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  JD   JD.com INC. today on the Close for an 8% Gain, or have a Tight Sell Stop Loss under it.

LOWER the Sell Stop Loss on  BBRY   BLACKBERRY back down to Support of $10.34, as the Relative Strength is holding up well.

EXIT  LL   LUMBER LIQUIDATORS if it is going to Close below your Buy Price, or $26.45.

 

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.

Money Wave Alert! Jun 20, 2017

INDU Chart
Caution! The DOW is in the Red Zone!

 

Markets are down slightly today, as the  TechsFinancials and Oil are weak.

The Markets are filling some of the GAPS left from Monday’s pop..

 

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:   

LRCX   LAM RESEARCH Money Wave Buy today. Sell Stop Loss at $148.75 (Close Below).

 

Money Wave Buy Signals soon:   BBY   BEST BUY CO.     &  CENX   CENTURY ALUMINUM.  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  SGMO   SANGAMO THERA. today on the Close, or have a Tight Sell Stop Loss under it.

EXIT  GLYC   GLYCOMIMETICS if it is going to Close below your Buy Price, or $12.30.

EXIT  UN    UNILEVER NV if it is going to Close below your Buy Price, or $55.91.

EXIT YHOO  (or AABA now) as the Volume is drying up, or have a Tight Sell Stop Loss under 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.