Please be patient and WAIT for a bigger pull -back, and then follow Money Wave Buy Signals.
Crude Oil is down today around $49.35 / barrel.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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).
If you bought WTW WEIGHT WATCHERS on Friday, please place a Sell Stop Loss right below where you bought it (Don’t Take a Loss!) . Don’t wait for a Close below… WTW is very over-bought after big POP on Friday’s Earnings, and has a Gap to fill.
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.