Markets are up again today, as the DOW has continued up mainly because of AAPL’s Earnings.
The BioTechs and Semiconductors have pulled back near Over-Sold levels. There are many on the Watch List. Please be patient and WAIT for pull-backs…
Crude Oil is up today around $49.60 / barrel.
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:
VRTX VERTEX PHARM Money Wave Buy today. Place Sell Stop Loss below $150.64 on the Close.
EXTR EXTREME NETWORKS Money Wave Buy today. We will not log EXTR, as the Volume is Low. We will “Not Log” trades if the Reward/Risk is not at least 2:1.
The Watch List is growing, signaling Money Wave Buys soon!
Money Wave Buys soon for: AMD ADVANCED MICRO, ESPR ESPERIAN THERA, EWW MEXICO FUND, EXEL EXELIXIS Inc, FOLD AMICUS THERA, LRCX LAM RESEARCH, RH RESTORATION HARDWARE, WTW WEIGHT WATCHERS & XBI BIOTECH FUND. We will email you when they are ready. Click on WatchList
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY: NONE TODAY
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. We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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– AMD