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March 13, 2018

Money Wave Alert! Mar 13, 2018

AMZN Chart
Finally some Profit Taking on Amazon.

 

Markets are down slightly today as the  NASDAQ 100 and Semiconductors are having some profit taking. 

Most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term. 

Please be patient and WAIT for the Strongest Leaders to move back into their Green Zones for Buy Signals. 

Crude Oil  is down again today at $60.60.

_____________________________________________________________________________________

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:

ARNA    ARENA PHARM.
GBT    GLOBAL BLOOD THERA.
STLD    STEEL DYNAMICS   
URBN    URBAN OUTFITTERS
X    US STEEL CORP.

 

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).

______________________________________________________________________________________

SELLS TODAY  

EXIT    YNDX    YANDEX N V    if it is going to Close below the Pink Line around $42.19.

 

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.

 

 

Posted By AbovetheGreenLine at 2:31 pm Leave a Comment

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SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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