Markets are up slightly today, as the DOW continues to creep higher (1800 points Above the Green Line).
The BioTechs and Semiconductors are trying to bounce from Over-Sold levels, but not much Buying so far. There are many on the Watch List. Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil is up today around $49.55 / 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:
WTW WEIGHT WATCHERS Money Wave Buy today. Caution! We will not log, as WTW is up 24 % today on Earnings!
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for: AMD ADVANCED MICRO, EXEL EXELIXIS Inc, FOLD AMICUS THERA, LRCX LAM RESEARCH, NFLX NETFLIX INC, & RH RESTORATION HARDWARE. 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
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. We will “Not Log” trades if the Reward/Risk is not at least 2:1.
HAVE A NICE WEEKEND!
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