Markets “Gapped Up” today on Good News but lower Volume. The major Indices are going up to re-test the recent Highs. Please wait for Money Wave Buy Signals below.
The breadth of the Markets has become narrow, indicating lack of Buyers. Small Caps are down 1.4%.
Crude Oil was up today at $75.55.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
QCOM QUALCOMM, INC. Money Wave Buy today. QCOM 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:
CRON CRONOS GROUP
FDC FIRST DATA CORP.
KKR KKR & CO. LP
TNDM TANDEM DIABETES
TRXC TRANSENTERIX, INC.
VKTX VIKING THERA.
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT ETSY ETSY INC. if it is going to Close below your Buy Price, or $50.44 on the Close. This trade was not logged.
EXIT FNKO FUNKO, INC. if it is going to Close below the Pink Line around $21.42 on the Close. This trade was not logged.
EXIT P PANDORA MEDIA if it is going to Close below your Buy Price, or $9.28. 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.