Markets dumped down today as the Leaders are returning to their Green Zones, for Money Wave Buy Signals soon.
The Watch List of Money Wave Buys is growing (at one time today there were 36 Investments), so probably a Market rally soon.
The NASDAQ 100 and Semiconductors are the Strongest Indices, and are now in their Green Zones.
Please be patient and WAIT for the Strongest Leaders to move back into their Green Zones for Buy Signals.
Crude Oil is down today at $62.20.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
GBT GLOBAL BLOOD THERA. Money Wave Buy today for a Medium Term Trade. Place Sell Stop Loss below Support of $51.55 on the Close.
IOVA IOVANCE BIOTHERA. Money Wave Buy today. Place Sell Stop Loss below Support of $15.50 on the Close.
CMA COMERICA, INC. Money Wave Buy today. CMA will not be logged, as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
AMZN AMAZON.COM, INC. Money Wave Must Close in the Green Zone.
INTC INTEL CORP. Money Wave Must Close in the Green Zone.
RF REGIONS FINANCIAL Money Wave Must Close in the Green Zone.
QQQ NASDAQ 100 Money Wave Must Close in the Green Zone.
SKX SKECHERS USA Money Wave Must Close in the Green Zone.
SMH SEMICONDUCTOR FUND Money Wave Must Close in the Green Zone.
XBI BIOTECH FUND
XLK TECH FUND Money Wave Must Close in the Green Zone.
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).
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SELLS TODAY
LOWER the Sell Stop Loss on ARRY ARRAY BIOPHARMA to below today’s Low of $16.08, as it is trying to Hold the Red Line (50-day avg.)
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.
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