Markets are up again today, as the S&P 500 has been able to make New Highs today on lower Volume. The June High of 2453 was exceeded by about 7 points today.
The Tech Stocks are mostly in the Red Zones (probably too late to Buy for the Short Term), and have very few New Highs today.
Crude Oil has recovered back up to $46.60 / 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
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:
OMER OMEROS CORP has a 5% Gain if you want out of it, or Raise Sell Stop to your Buy Price, or $20.48 .
We will have an open CHAT SESSION on Sunday Morning Jul 16th at 11:00 AM Eastern Time.
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.
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