Markets are down slightly today, as the Techs, Financials and Oil are weak.
The Markets are filling some of the GAPS left from Monday’s pop..
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY:
LRCX LAM RESEARCH Money Wave Buy today. Sell Stop Loss at $148.75 (Close Below).
Money Wave Buy Signals soon: BBY BEST BUY CO. & CENX CENTURY ALUMINUM. 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).
SELLS TODAY:
EXIT SGMO SANGAMO THERA. today on the Close, or have a Tight Sell Stop Loss under it.
EXIT GLYC GLYCOMIMETICS if it is going to Close below your Buy Price, or $12.30.
EXIT UN UNILEVER NV if it is going to Close below your Buy Price, or $55.91.
EXIT YHOO (or AABA now) as the Volume is drying up, or have a Tight Sell Stop Loss under 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.
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