Markets are mixed today, as most Indices are on Highs but are in the Red Zones (probably too late to the Short Term).
The Institutions could take profits later this week, as small Investors tend to over buy from “feel good” Emotions.
WAIT for the Leaders to return to their Green Zone for Money Wave Buys… Try to Buy Investments on the next pull-back, that recently made new Highs.
Crude Oil is down today at $58.15/ 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).
EXIT ALLY ALLY FINANCIAL if it is going to Close Below the Pink Line around $26.30.
EXIT DVAX DYNAVAX TECH if it is going to Close Below your Buy Price, or $18.25.
EXIT WB WEIBO CORP. if it is going to Close Below the Pink Line around $115.46.
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.