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.
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
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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.