Markets were down again today, but the major Indices will probably close well above today’s lows.
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 up today at $61.50.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
MTCH MATCH GROUP, INC. Money Wave Buy today. Place Sell Stop Loss below Support of $38.47 on the Close.
OSTK OVERSTOCK.COM Money Wave Buy today. Place Sell Stop Loss below Support of $54.25 on the Close.
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).
SELLS TODAY NONE TODAY
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.
HAVE A NICE WEEKEND