Markets are up slightly again today, as the S&P 500 tries to make New Highs soon so the rally can continue.
The Tech Stocks are quickly getting back up into the Red Zones (probably too late to Buy for the Short Term).
Bonds have dumped for the last 2 weeks, but are now over-sold on the Short-Term.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY: NONE TODAY
We will email you when they are ready. Click on WatchList
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 EA ELECTRONIC ARTS if it Closes Below the Buy Price, or $108.81.
EXIT SQ SQUARE INC. on the Close today for a 6% Gain, or have a tight Sell Stop Loss on it.
Click for PORTFOLIO (Open Positions)
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.