Markets were down today as some of the weaker Indices are slipping below their Pink Lines (10-day avgs.) to create Short Term Sell Signals… However, not much selling so far. The Strongest NASDAQ 100 and Small Cap Indices are still holding above the Pink Lines, to avoid Short Term Sell Signals.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
Crude Oil was up today at $65.90.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
DK DELEK US HOLDINGS Money Wave Buy today. Place Sell Stop Loss below Support of $50.75 on the Close.
M MACY’S INC. Money Wave Buy today. M will not be logged, as the Volume is Below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
BA BOEING CO.
DNR DENBURY RESOURCES
KSS KOHLS CORP.
WLL WHITING PETE.
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 GERN GERON CORP. if it is going to Close below your Buy Price, or $3.95. 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.