The Markets are mixed up today, but there will be more Buy Signals today as many Leaders come out of the Green Zones. The Indices have been holding up very well, even with Crude Oil dropping below $49. Looks like the DOW wants to try the Highs again.
Many are waiting on probable FED RAISE next Wednesday. Commodities have dumped with the Rising US Dollar, but the Dollar should take profits on the FED News.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
Many Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS: AKS AK STEEL Money Wave Buy today.
ARRY ARRAY PHARM Money Wave Buy… We will not log, as ARRY is Way Above the Green Line.
EXEL EXELIS INC. Money Wave Buy… We will not log, as EXEL is Way Above the Green Line.
FCAU FIAT CHRYSLER Money Wave Buy… We will not log, as FCAU is Way Above the Green Line.
JPM JP MORGAN Money Wave Buy… We will not log, as JPM is Way Above the Green Line.
KRE BANKING Fund Money Wave Buy… We will not log, as KRE is Way Above the Green Line.
VALE VALE DE RIO Money Wave Buy today.
X US STEEL Possible Money Wave Buy today.
EXIT AMD ADVANCED MICRO on the Close today, or have a tight Sell Stop below it.
Click for WATCH LIST
Click for 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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.