Markets were mostly up again today, but the Tech stocks were down as FaceBook reported disappointing Earnings. Amazon reports Earnings after the Close today. Many Traders don’t want to Sell before AMZN news and the GDP report on Friday.
Most recent Money Wave Buys are NOT POPPING well, indicating an Over-Bought Market. Money Wave Pops are better when the entire Markets pull-back down into the Green Zones.
Please be patient and WAIT for the Leaders to return back down to their Green Zones, for more Money Wave Buy Signals.
Crude Oil was up today at $69.60.
_____________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
FOXA 21st CENTURY FOX Money Wave Buy today (2nd Buy). Place Sell Stop Loss below the Red Line of $44.59.
LULU LULULEMON ATHLETICA Money Wave Buy today. LULU will not be logged, as the Volume is below Average.
UAA UNDER ARMOUR Money Wave Buy today. UAA will not be logged, as it is already up 5% today, and it is 9.5% above yesterday’s Support.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
ECYT ENDOCYTE, INC.
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
______________________________________________________________________________________
SELLS TODAY
EXIT SRPT SEREPTA THERA. if it is going to Close below Support of $125.75. 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.
Leave a Reply
You must be logged in to post a comment.