Markets “Gapped Up” today on more Good News, with light Holiday Buying, Most Indices made Higher Highs today. The Financials and BioTechs are weaker, and are not making new Highs. Markets are generally up on Holiday weeks, as the Institutions are away.
Be patient and WAIT for the Leaders to return to their Green Zone for Money Wave Buys..
Crude Oil is down today at $56.95/ barrel.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
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.