Markets are down slightly today on mild selling. The DOW and S&P 500 made higher Highs yesterday, and should bounce near their Pink Lines (10-day avgs).
Most Leading Investments are in the Red Zone (probably too late to Buy for the Short Term). Please have Sell Stops below recent Short Term purchases.
When the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is up today at $57.10.
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
Money Wave Buys soon:
DG DOLLAR GENERAL
GRPN GROUPON INC.
JUNO JUNO THERA. INC
TRXC TRANSENTERIX INC. 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).
LOWER BOTZ ROBOTICS FUND Sell Stop Loss to $23.00, as it is back in the Green Buy Zone, and the Relative Strength is still 95.
EXIT NRG NRG ENERGY if it is going to Close Below the Pink Line around $27.97
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.
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