Markets were mixed today as the bounce from recent Money Wave Buy Signals has been weak so far. Now the Strongest Leaders need to make New Highs soon for the rally to continue.
The S&P 500 has Support at the January High of 2872… Closing below that could be “Bearish”. The Markets should attempt to re-test the recent Highs soon.
Crude Oil is up today at $70.25.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
DDD 3D SYSTEMS CORP. Money Wave Buy today. DDD will not be logged as the Relative Strength is Below 90.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
ENDP ENDO PHARMA.
KR KROGER CO.
TRXC TRANSENTERIX CORP.
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 CTL CENTURYLINK, INC. if it is going to Close below your Buy Price, or $22.87. This trade was not logged.
EXIT HEAR TURTLE BEACH CORP. if it is going to Close below your Buy Price, or $23.14. 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.