Markets were down slightly today on weak Selling. The Leaders are back up near last week’s Highs. We will find out soon if the Markets fail up here, or push Higher. The Tech Stocks and the DOW are currently the Strongest Indices.
Be patient and WAIT for the Leaders to return to their Green Zone for Money Wave Buys..
Crude Oil is up today at $56.60/ barrel.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
DVAX DYNAVAX TECH Money Wave Buy today. We will not log DVAX, as the Volume is below average today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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).
EXIT FBR FIBRIA CELULOSE if it is going to Close below your Buy Price. or $16.07.
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. We will “Not Log” trades if the Reward/Risk is not at least 2:1.
HAVE A NICE WEEKEND!