Markets are down slightly today, even with AMZN GOOGL & MSFT having Earnings that were better than expected. The very Strongest Leaders have bounced back up and have made New Highs. Your GOAL should be to Own Investments that are making Higher Highs, each cycle up. Try to unload those that are struggling, so you will have Cash to Buy again in the Green Zones!
This should be the Wave 5 up of the Trump Rally that began Nov 8, 2016, and is nearing the March Resistance.
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: NONE TODAY
Please click on the WatchList to look for more Money Wave Buy Signals soon. We will email you when they are ready.
SELLS TODAY: Most Positions are in the Red Zones… If you are uncomfortable holding on near the Highs, then take profits…
EXIT SGMS SCIENTIFIC GAMES on the Close today, or have a tight Sell Stop Loss on it. SGMS gapped up on earnings for a 11% gain.
EXIT WDC WESTERN DIGITAL on the Close today, or have a tight Sell Stop Loss on it.
EXIT URA URANIUM FUND on the Close in the Long Term Portfolio, as URA is Closing Below the Green Line… We will Buy again when the Commodities strengthen.
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.
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