Markets are mixed today, but the Techs are trying to firm up at the late June Support.
The DOW Index holding up the best.
S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
ATVI ACTIVISION Money Wave Buy today. Place Sell Stop Below $55.86 on the Close.
EDU NEW ORIENT ED. Money Wave Buy today. We will not log, as EDU has poor Volume today
OMER OMEROS CORP. Money Wave Buy today. We will not log, as OMER has poor Volume today.
SQ SQUARE INC. Money Wave Buy today. We will not log, as SQ is already up more than 4% today.
Today has a large Watch List listed above for Money Wave Buys this week.
Money Wave Buy Signals soon: 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 CENX CENTURY ALUMINUM on the Close today, or have a tight Sell Stop Loss Below 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.