Markets “Gapped Up” today, as many Money Wave Buy Signals are kicking in today. Markets were Over-Sold for the Short Term, and buyers are coming in.
The big DOW Leaders held up fine, but the weaker investments like the Small Caps have become weaker.
Some of the Strongest Leaders are quickly down to their Green Zones for Money Wave Buys.
Crude Oil is down today to $47.50 / barrel.
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:
AAOI APPLIED OPTO Money Wave Buy today. We will not Log this trade (below the Red Line.)
BA BOEING CORP. Money Wave Buy today. Place Sell Stop Loss at $230.94 on the Close.
CC CHEMOURS CO. Money Wave Buy today. Place Sell Stop Loss at $44.07 on the Close.
FOLD AMICUS THERA. Money Wave Buy today. We will not log this trade (already up 4%.)
SGMS SCIENTIFIC GAMES Money Wave Buy today. We will not log this trade.
SHOP SHOPIFY INC. Money Wave Buy today. Place Sell Stop Loss at $88.21 on the Close.
Money Wave Buys soon for: BBVA BANCO BILBAO, EWP SPAIN FUND, ING ING GROUP, NFLX NETFLIX INC, & W WAYFAIR INC. 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: NONE TODAY
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.
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