Markets were mixed again today after the FED Raised short term Interest Rates another 1/4 point to 2%. The Leaders are still holding above their Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.
The Strongest Leaders are back up in the Red Zones (probably too late to Buy for the Short Term), so Short Term Traders should be raising Cash soon.
Crude Oil was up today at $66.70.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
I INTELSAT GLOBAL Money Wave Buy today. I will not be logged, as the Volume is below average. (Maybe Buy around $15.)
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
DK DELEK US HOLDINGS
HRTX HERON THERA.
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).
EXIT CRC CALIFORNIA RESOURCES if it is going to Close below the Pink Line around $38.08.
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.