Markets are down again today, as the major Indices Closed below the Pink Lines (10-day avgs.) last night, creating Short Term Sell Signals.
Now the Leaders are coming back down to their Green Zones for Buy Signals. The Watch List is growing with Investments to consider soon. Please be patient, and WAIT for Signals.
Try to Buy Investments that recently made new Highs on pull-backs to the Green Zones. These usually will bounce the quickest.
Crude Oil is down today at $61.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
Money Wave Buys soon for:
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).
HFC HOLLY FRONTIER slipped below the Sell Stop Loss of $42.88 after the email went out yesterday, so we stopped out last night. (And now it is up.)
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.