Markets were up today as more Leaders bounced out of the Green Zones to create Money Wave Buy Signals. Now the Strongest Leaders need to make New Highs soon for the rally to continue.
The S&P 500 has bounced above the January Support of 2872, after becoming 0ver-sold on the short term. The Markets should attempt to re-test the recent Highs.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
AAPL APPLE, INC. Money Wave Buy today. Target is $230.00. Place Sell Stop below the recent Support of $216.47 on the Close.
AMZN AMAZON.COM Money Wave Buy today. Target is $2055.00. Place Sell Stop below the recent Support of $1916.60 on the Close.
NTAP NETWORK APPLIANCE Money Wave Buy today. Target is $88.25. Place Sell Stop below the recent Support of $81.58 on the Close.
ECYT ENDOCYTE, INC. Money Wave Buy today. ECYT will not be logged as it is already 14% above Support of $16.86.
VSTM VERASTEM INC. Money Wave Buy today. VSTM 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 soon for:
DDD 3D SYSTEMS CORP.
USO US OIL FUND Money Wave must Close in the Green Zone.
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).
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SELLS TODAY
EXIT HEAR TURTLE BEACH CORP. if it is going to Close below your Buy Price, or $23.14.
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.
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– DDD