S&P 500 is Holding just Above the Pink Line.
Markets are down slightly today on more slow holiday trading. The S&P 500 is holding just above the Pink Line of 2682 (10-day avg.) to avoid a Short Term Sell Signal.
The Mutual Funds want to hold the Markets up to get bigger bonuses. You will have to WAIT for more Money Wave Buys.
When the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is up today at $60.25, a New High.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
INTC INTEL CORP. Money Wave Buy today. We will not log INTC, as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
Please be patient and wait for Money Wave Buys soon. 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).
EXIT BOTZ ROBOTICS FUND if it is going to Close below the Pink Line around $23.70.
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.
HAVE A HAPPY NEW YEAR!