The Markets are up slightly today, with the Semiconductors & the very Strongest Techs are still pushing higher.
The S&P 500 is trying to bounce off the Pink Line (10-day avg.) to avoid a Short Term Sell Signal, as Crude Oil is down $2 to $46.
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:
TER TERADYNE INC. Money Wave Buy today. We will not log TER, as it is Way Above the Green Line.
Money Wave Buy Signals soon: CSX CSX CORP. 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 DDD 3D PRINTING if it is going to Close Below your Buy Price, or $20.68.
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.