Markets are mixed today, as most of the Indices are back up in the Red Zones (probably too late to Buy for the Short Term), and up to August Resistance. We will see if they can get thru here.
WAIT for Green Zone Buys.
Crude Oil is up today at $49.35 / barrel.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
WTW WEIGHT WATCHERS INC. Money Wave Buy today. We will not log WTW, as the Volume is Low.
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 CHGG CHEGG INC. on the Close today if you bought it (6% Gain), or have a tight Sell Stop Loss below it.
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.