A very slow day today, as the Markets are up slightly. Some of the Strong Investments are becoming Over-Sold, and in the Green Zones. The Watch List is growing, as some Leaders are back down near their Red Lines (50-day avgs.) for possible pops soon. We would prefer that the Indices also correct down some, but the Buyers still want in.
Be patient and WAIT for some negative news to return the Leaders back down to their Green Zone for Money Wave Buys..
The Semiconductors and BioTechs are the Strongest Sectors to buy when they return to their Green Zones.
Crude Oil is down today at $51.95 / 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
Money Wave Buys soon for EWZ BRAZIL FUND, FMC FMC CORP, NVDA NVIDIA CORP, & REMX RARE EARTH FUND, SQM SOCIEDAD QUIMICA & VRTX VERTEX PHARM. 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
EXIT KEM KEMET INC. if it is going to Close Below the Red Line of $19.29.
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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