How Quickly They can Return to the Green Line!
Markets are down again today, as Crude Oil has dropped about 4%. The S&P 500 has Support at 2322.
The Strongest Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ are up slightly today.
The Verizon Text Messages failed at their server last night… You can always see the Intra-day post on the web site Main Menu: Commentary/ Buy & Sell Signals.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
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:
SGMS SCIENTIFIC GAMES Money Wave Buy today. We will not log, as the Volume is low.
Look for more Money Wave Buy Signals soon. Please click on the WatchList We will email you when they are ready.
SELLS TODAY:
EXIT BA BOEING CO. if it is going to Close Below your Buy Price, or $179.02.
EXIT BAC BANK OF AMERICA if it is going to Close Below your Buy Price, or $22.81.
EXIT IMMU IMMUNOMEDICS if it is going to Close Below your Buy Price, or $5.86.
EXIT MAR MARRIOTT INT”L. if it is going to Close Below the Pink Line of $91.62.
Click for 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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.
