Markets were mixed today after “Gapping Down” on the opening. The S&P 500 is almost back down in the Green Zone, as pull-backs have been small.
The Watch List above is growing as more Investments are correcting back down to their Green Zones. However the pull-backs on the Leaders are not much, so trades could be tiny.
As the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is up today at $66.00.
_____________________________________________________________________________________
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
RSX RUSSIA FUND Money Wave Buy today. Place Sell Stop Loss below Support of $23.22 on the Close.
Money Wave Buys soon for:
CAA CAL ATLANTIC GROUP
CANN GENERAL CANNABIS
ITB HOME BUILDING FUND
MRO MARATHON OIL
OSTK OVERSTOCK.COM
RIOT RIOT BLOCKCHAIN
ROST ROSS STORES
TRXC TRANSENTERIX, INC.
X U S STEEL GROUP
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
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
LOWER TRXC TRANSENTERIX INC. Sell Stop Loss to the Green Line of $1.68, until the next Money Wave Buy Signal occurs. TRXC is back down in the Green Zone, and the Relative Strength is still 97.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
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.
Related Post
– CANN