Markets CLOSE at 1:00pm EDT today!
Markets popped up today, but the Techs are still weak, and trying to hold above the June Lows.
The DOW Index holding up the best.
S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.
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:
BA BOEING CORP Money Wave Buy today. We will not log, as BA is Way Above the Green Line.
Today has a large Watch List listed above for Money Wave Buys next week.
Money Wave Buy Signals soon: 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:
LOWER SELL STOP LOSS again on NVDA NVIDIA CORP to $137.62, as Relative Strength is still 98, and it is still above the Red Line.
EXIT SMH SEMICONDUCTOR FUND if it is going to Close Support of $81.18.
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.