Markets were down today as the Indices could not exceed last Tuesday’s Highs. Not much selling though, and the Markets should Close well above today’s Lows. The S&P 500 has Support at 2613, and needs to hold above that level.
Volume is low all over.
Crude Oil was down $1.70 today at $52.00.
__________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
CROX CROCS, INC. Money Wave Buy today. Target is $32.00. Place Sell Stop Loss below Support of $28.14 on the Close.
SAVE SPIRIT AIRLINES Money Wave Buy today. SAVE will not be logged, as the Volume is below average and a recent Lower High.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
DXCM DEXCOM, INC. Money Wave must Close in the Green Zone.
LLY ELI LILLY & CO. Money Wave must Close in the Green Zone.
RWM INVERSE SMALL CAP FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
______________________________________________________________________________________
SELLS TODAY
LOWER the Sell Stop Loss on UNG US NATURAL GAS FUND (2nd Buy Signal) to today’s Low of $25.50.
EXIT DG DOLLAR GENERAL if it is going to Close below your Buy Price, or $113.53. This trade was not logged.
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.
