Markets are up again today, on a Buying stampede. The Markets seem to be running on upward momentum. The DOW Index is catching up, and made New Highs also.
The Semiconductors and BioTechs are the Strongest Sectors to buy, but they are both in the Red Zones (probably too late to Buy for the Short Term).
Be patient and WAIT for some negative news to return the Leaders back down to their Green Zone for Money Wave Buys..
Crude Oil is down today at $50.60 / 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
Possibly FSLR FIRST SOLAR Money Wave Buy today, but we will not log, as the Markets are Way Above the Green Lines.
Money Wave Buys soon for FSLR FIRST SOLAR. 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
If you bought KEM KEMET CORP, KTOS KRATOS DEFENSE or WTW WEIGHT WATCHERS, they all have 8% gains if you are nervous about this Market.
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.
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