The Markets are up again today, but with much less power. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th (see Chart above). After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We are taking profits today, as the Bullish Sentiment is too HIGH. A normal pull-back would take the S&P 500 down near the Red Line (50-day avg.)
We are going to take some profits for Short Term Traders:
Sell CSX CSX CORP today on the Close, if you bought it.
Sell AMKR AMKOR TECH today if it is going to Close below your purchase price, or $11.24.
Sell MRVL Marvell Tech today if it is going to Close below your purchase price, or $14.03.
ON DECK: NONE
WAIT for Money Waves Buys soon coming out of the Green Zones. We will email you when they are ready.
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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.