Markets were down today after Smart Money SOLD on the Good News of 4.1% GDP growth. Today the Leaders are finally starting to correct back to their Green Zones, for Money Wave Buys soon.
Most recent Money Wave Buys have not been 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 downtoday at $68.80.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
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).
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SELLS TODAY
EXIT ARQL ARQULE, INC. if it is going to Close below your Buy Price, or $5.38. This trade was not logged.
EXIT ASNA ASCENA RETAIL if it is going to Close below the Pink Line around $5.56. This trade was not logged.
EXIT DNR DENBURY RESOURCES if it is going to Close below Support of $4.26. This trade was not logged.
EXIT LULU LULULEMON ATHLETICA if it is going to Close below Support of $122.40. This trade was not logged.
EXIT UAA UNDER ARMOUR if it is going to Close below Support of $20.25. This trade was not logged.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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.
HAVE A NICE WEEKEND!
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