Markets were up today as Crude Oil prices surged 4.5%, and the Large Caps stocks were over-sold. The DOW Index is in the Green Zone.
The Strongest NASDAQ 100 and Small Cap Indices are still holding much better. Retail Stocks got hit hard today.
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 at $68.55.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
EC ECOPETROL SA Money Wave Buy today. EC 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.
GRUB GRUBHUB INC.
NTNX NUTANIX INC.
PFB PFB ENERGY
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 DNR DENBURY RESOURCES on the Close today, or have a tight Sell Stop Loss below it to capture a 14% Gain.
LOWER the Sell Stop Loss on URBN URBAN OUTFITTERS to the Red Line around $42.59 on the Close.
EXIT KSS KOHLS CORP. if it is going to Close below the Pink Line around $75.63.
EXIT ECYT ENDOCYTE INC. if it is going to Close below your Buy Price, or $13.65. This trade was not logged.
EXIT M MACY’S INC. if it is going to Close below the Pink Line around $38.68. 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.
HAVE A NICE WEEKEND!
Leave a Reply
You must be logged in to post a comment.