Markets were mixed again today as some of the Largest Tech Stocks pushed higher, but the DOW was weak. The Leaders are still holding above their Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.
The Strongest Leaders are slowly correcting, and many should be in the Green Zones soon.
Crude Oil was up again today at $67.00.
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.
HRTX HERON THERA. BUY HRTX if it is going to Close Above today’s High of $30.50… So far Volume is poor.
Money Wave Buys soon for:
DK DELEK US HOLDINGS
M MACY’S INC. Money Wave must Close in the Green Zone.
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 $38.23. This trade was not logged.
EXIT LGCY LEGACY RESERVES if it is going to Close below the Pink Line around $6.14. 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.
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