Markets are up slightly today on low Volume. The INDICES are holding above the Red Lines, and will either bounce back up to the recent Highs, or fall below. The Financial & BioTechs are not helping a Market rally back up.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
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: IMMU IMMUNOMEDICS Money Wave Buy today.
MAR MARRIOTT INT”L. Money Wave Buy today. We will not log this trade.
NFLX NETFLIX CORP. Money Wave Buy today. We will not log this trade.
OLN OLIN CORP. Money Wave Buy today.
ON DECK to Buy soon: Too many to list.. Please click on the WatchList We will email when they are ready.
SELLS TODAY: NONE
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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.