The Markets are mixed again today, as the S&P 500 struggles back up to re-test the 2401 Highs… Failing to make new highs should cause selling. The Semiconductors and Techs continue to move higher, but the Financials and Transports are not participating this time.
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: CFG CITIZENS FINANCIAL Money Wave Buy today.
EXIT KRE BANKING FUND if it is going to Close Below Support of $56.33.
Click for WATCH LIST
Click for PORTFOLIO (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.