Markets dumped down today after the Long Term Bond made 8 month Lows. Lower Bond prices causes Interest Rates to rise. Most of the Indices are slowly returning to their Red Lines for a probable bounce. The S&P 500 is back down in the Green Zone, and we like to Buy on Bad News (Sell recently on Great Earnings news).
The Watch List now has over 25 Leaders in the Green Zones to Buy next week. They are not all listed below, as there are too many. The strongest ones should bounce near their Red Lines (50-day avgs.)
Try to Buy Investments that recently made new Highs, and Hold ABOVE the Red Lines. Usually these will bounce the quickest.
Crude Oil is down today at $65.45.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
Money Wave Buys soon for:
ALSO: BOTZ CAT WMT XLY FCAU TCEHY XBI VIPS MCHI LOW DG
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).
Change RSX RUSSIA FUND to a Medium Term Investment (Sell Stop Loss Below the Red Line of $22.33.
EXIT TRXC TRANSENTERIX INC. in the Long Term Portfolio, if it is going to Close Below the Green Line of $1.68, Hopefully it will firm up soon and get back Above the Green Line for another entry.
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 NICE WEEKEND!