Markets were down today as the Support from last week did not hold on many Indices.
Leaders are trying to bounce from their Green Zones, for Money Wave Buy Signals soon.
Crude Oil down today at $64.40.
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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 NONE TODAY
Money Wave Buys soon for:
BOTZ ROBOTICS FUND
CSCO CISCO SYSTEM,INC. Money Wave Must Close in the Green Zone.
FBR FIBRIA CELULOSA SA
SMH SEMICONDUCTOR FUND Money Wave Must Close in the Green Zone.
XLK TECH FUND
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 QQQ NASDAQ 100 to a Close Below $163.13 (today’s Low).
EXIT XBI BIOTECH FUND if it is going to Close Below Support of $90.71.
EXIT CMA COMERICA, INC. if it is going to Close Below Support of $98.03 (trade was not logged).
EXIT STX STORAGE TECH if it is going to Close Below the Pink Line of $59.05 (trade was not logged).
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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