Markets are slightly lower today, as the weaker Small Caps are down more than 1% today. The Tech Stocks are still holding the Markets up. Volume is Lower.
The S&P 500 is still holding Above the Pink Line (10-day avg.) of 2577 to avoid a Short Term Sell Signal.
Be patient and WAIT for the Leaders to return back down to their Green Zone for Money Wave Buys..
Crude Oil is down today at $57.25/ barrel.
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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
Money Wave Buys soon for ABEO ABEONA THERA. CROX CROCS INC. & OSTK OVERSTOCK.COM. We will email you when they are ready. Click on WatchList
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
EXIT GLUU GLU MOBILE if it is going to Close Below $3.60 today. (We lowered the Sell Stop Loss by 4 cents and hope it will bounce soon}.
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.