Markets are up slightly today, as the Mutual Funds are doing some End of Quarter Buying. October is coming.
Be patient and WAIT for some negative news to return the Leaders back down to their Green Zone for Money Wave Buys..
Crude Oil is up today at $51.60 / barrel.
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
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 IMGN IMMUNOGEN INC. on the Close today the remaining Long Term Position. IMGN is lagging the BioTech Index.
We changed KEM KEMET CORP. back to Short Term Trade (EXIT if it is going to Close Below the Pink Line).
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.