Markets were mixed again today after a rally up this morning. The S&P 500 Index is back up in the Red Zone (probably too late to Buy for the Short Term), and Closing below the Pink Line (10-day avg.) of 2927, should create a Short Term Sell Signal.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $0.35 today at $63.60.
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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
CIEN CIENA CORP. Money Wave Buy today (2nd Buy Signal). Target is $42.00. EXIT if it is going to Close below Support of $37.92.
ASHR CHINA FUND Money Wave Buy today. ASHR 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 Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
DBD DIEBOLT Money Wave must Close in the Green Zone.
IONS IONIS PHARM. Buy if it is going to Close above $75.11.
SID COMPANHIA SIDERURGICA (2nd Buy Signal). Medium Term Buy when it Closes above the Red Line of $3.74.
NON US INVESTMENTS (These will not be logged.)
EVR.L EVRAZ (London LSE)
HBM.TO HUDBAY MINERALS (Toronto TSE)
TA.TO TRANS ALTA CORP. (Toronto TSE)
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT TNDM TANDEM DIABETICS if it is going to Close below your Buy Price, or $59.85. This trade was not logged.
EXIT VFF VILLAGE FARMS INT’L. if it is going to Close below the Red Line of $11.97. This 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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