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December 6, 2016

Money Wave Buy Alert! Dec 6, 2016

Caution! The DOW is very Over-Bought!

Caution! The DOW is very Over-Bought!

 

The Markets are struggling to get back up to last week’s Highs.  The DOW & Small Caps made Higher Highs, but the S&P & NAZ have not… Selling should come in soon if the S&P cannot push above 2214 soon. A normal pull-back would take the S&P 500 down near the Red Line (50-day avg.) 

Money Wave Buys soon!  
The Following Investments will probably have a Money Wave Buy Signal 
(Slow Stochastic Closing > 20) on today’s Close.

NAVI    NAVIENT CORP                   We will NOT Buy (Way Above G L)

 

The Following have Money Wave > $50      RULE (Don’t Take a Loss!): 

FCX   FREEPORT-MCMORAN INC        Exit if it is going to Close below your Buy Price or $15.42.

JWN   NORDSTROM INC                  Exit if it is going to Close below your Buy Price or $56.54.

 

ON DECK:   NONE  
WAIT for Money Waves Buys soon coming out of the Green Zones. We will email you when they are ready.  

Click for  WATCH LIST   

Click for  STOCKCHARTS LIST    

Click for  OPEN POSITIONS

Many like to buy the day before, if the Investment has not popped up too much.
Money Wave Buys are usually good for a 3-6 %  move in a few days.

About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.

Posted By AbovetheGreenLine at 2:41 pm Leave a Comment

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Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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