The Markets are down slightly today, but the very Strongest Techs are still pushing higher.
The S&P 500 has not been up today. Only the Market Darlings seem to have much Buying left at these levels.
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: GLYC GLYCOMIMETICS Money Wave Buy today. We will not log GLYC, as it is already up 10%!
Money Wave Buy Signals soon: LL LUMBER LIQUIDATORS & SINA SINA.COM. 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 MOMO MOMO INC. on the Close today, or have a tight Sell Stop to preserve 8% gain.
EXIT SGMO SANGAMO THERA. if it is going to Close Below your Buy Price, or $7.20.
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.
Related Post
– SINA