Markets were down early, but recovered this afternoon as more Money Wave Buy Signals kicked in. Many are waiting for the S&P 500 to Close Above the Pink Line of 2630.
Now maybe a good Rally soon.
Crude Oil down today at $63.50.
_____________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
GRUB GRUBHUB INC. Money Wave Buy today. Place Sell Stop Loss Below Support of $94.08 on the Close.
IMGN IMMUNOGEN INC. Money Wave Buy today. Place Sell Stop Loss Below Support of $9.83 on the Close.
MU MICRON TECH Money Wave Buy today. Place Sell Stop Loss Below Support of $49.26 on the Close.
ECYT ENDOCYTE INC. Medium Term Buy today. Place Sell Stop Loss Below the Red Line of $7.04 on the Close.
Money Wave Buys soon for:
AMZN AMAZON.COM Money Wave Must Close in the Green Zone.
NFLX NETFLIX INC. 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
LOWER SELL STOP LOSS on BOTZ ROBOTICS FUND to today’s Low of $22.92.
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.
Related Post
– AMZN