Money Wave Alert! Jun 22, 2017

The S&P 500 is still trying to hold at the Pink Line (10-day avg). Bonds are seeing weakness… 

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:   NONE TODAY

BBY   BEST BUY only has 86 Relative Strength, so it does not meet the Rules.

Money Wave Buy Signals soon:   CENX   CENTURY ALUMINUM,   CSX   CSX CORP,   EWW   MEXICO FUND,  &   TTWO   TAKE-TWO INTER.  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  BBRY   BLACKBERRY on the Close today, or Gamble on Earnings in the morning. Sell Stop for those staying in is back to $10.75.

EXIT  VRTX   VERTEX PHARM. on the Close, 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.