Markets are bouncing again today after banging off the Green Lines (250 day avgs,) on Friday. Now most Indices are no longer over-bought, and are more Fairly Valued.
Markets could go down once more in the next few days, so be careful on Buying too late.
Try to Buy Investments that recently made new Highs, and Held ABOVE the Red Lines. Usually these will bounce the quickest.
Crude Oil is down today at $59.35.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
EBAY EBAY INC. Money Wave Buy today. Place Sell Stop Loss Below Support of $40.43 on the Close.
EWZ BRAZIL FUND Money Wave Buy today. Place Sell Stop Loss Below Support of $41.84 on the Close.
PBR PETROBRAS OIL Money Wave Buy today. Place Sell Stop Loss Below Support of $11.87 on the Close.
RSX RUSSIA FUND Money Wave Buy today. Place Sell Stop Loss Below Support of $20.91 on the Close.
STX STORAGE TECH Money Wave Buy today. STX will not be logged as the Volume is Below Average and it is already up over 3% today.
WTI W&T OFFSHORE INC. Money Wave Buy today. WTI will not be logged as it is already up over 11% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
OIL CRUDE OIL FUND
Please be patient and wait for Money Wave Buy Signals. 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 RIOT RIOT BLOCKCHAIN on the Close today if you bought it, or have a tight Sell Stop Loss Below it to lock in a 35% Gain.
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.