Markets are making New Highs again today as the Buying Stampede continues… Not many reasons to Sell other than Over-Bought, so most are holding for more. The S&P 500 bounced back above the Pink Line of 2683 (10-day avg.) to avoid a Short Term Sell Signal.
Most Leading Funds are up near the Red Zones. Please wait for the Money Wave Indicators to return to the Green Zones.
When the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is up today at $61.72, 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.
NTAP NETWORK APPLIANCE Money Wave Buy today. We will not log NTAP, as it is already up 3% today.
ZAGG ZAGG INC. Money Wave Buy today. We will not log ZAGG, as it is already up 6% today.
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).
INTC INTEL CORP. EXIT on the Close today, if it is going to Close below Support of $45.95.
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.