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.
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