Markets are up slightly today, as the S&P 500 tries to make New Highs soon so the rally can continue. The June High was 2453, about 4 points higher than today.
The Tech Stocks are mostly in the Red Zones, and are struggling today (probably too late to Buy for the Short Term).
Crude Oil has recovered back up to $46 / barrel.
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
BLUE BLUEBIRD BIO. only has 85 Relative Strength, so it Breaks the Rules. NO BUY.
Money Wave Buys soon for: IMGN IMMUNOGEN INC. 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).
SELLS TODAY:
EXIT MLCO MELCO RESORTS if it is going to Close Below your Buy Price, or $21.75 .
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.
just read article on TAN, looks interesting 4% dividend
Thank you for that, Toby!
TAN was a Leader a few years ago, and could be Bottoming.
I wish the Volume would pick up.