Markets were mixed today as the Strongest Indices are holding above the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.
Maybe a bounce soon off the Pink Lines to try the Highs again. Not many Stocks are making New Highs lately.
Crude Oil was up today at $72.30.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
ETSY ETSY, INC. Money Wave Buy today. ETSY 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:
DRI DARDEN RESTAURANTS
JWN NORDSTROM, INC.
P PANDORA MEDIA
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 SQ SQUARE INC. on the Close, or have a tight Sell Stop Loss below it to capture a 9% Gain.
EXIT HEAR TURTLE BEACH CORP. if it is going to Close below your Buy Price, or $20.11 on the Close. This trade was not logged.
EXIT FNKO FUNKO INC. if it is going to Close below your Buy Price, or $20.88 on the Close. 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.