Markets were up today as the DOW and S&P 500 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 $72.25.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
Money Wave Buys Signals Soon:
CRON CRONOS GROUP
DRI DARDEN RESTAURANTS
ETP ENERGY TRANSFER
FDC FIRST DATA CORP.
JWN NORDSTROM, INC.
QCOM QUALCOMM, INC.
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 FDC FIRST DATA CORP. if it is going to Close below the Red Line of $24.39. 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.