Markets were down slightly today, after becoming a little over-bought. The Indices are back up near the Red Lines (50-day avgs.), and should stall or pull back some for a while.
A rally back up to the Highs would require the Markets to get back above the Red Lines (50-day avgs).
Crude Oil up again today at $66.70.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
SGH SMART GLOBAL HOLDINGS Money Wave Buy today. Signal was never triggered yesterday. Place Sell Stop Loss Below Support of $42.72 on the Close.
Money Wave Buys soon for:
GERN GERON CORP.
RUN SUNRUN, INC.
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.