The Markets are mixed today, after last week’s rally. The very Strongest Techs are still pushing slightly higher.
The S&P 500 has not been up today.
The Markets have no FEAR, therefore no Sellers as confidence levels are super high.
Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term).
Traders, RAISE Cash so you will have Funds to Buy on the next pull-back into the Green Zones.
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
YNDX YANDEX NV is up 3.3% today, buy the Relative Strength is only 89.
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: NONE TODAY
MOMO MOMO INC. is up 5% today.
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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.