Markets were higher today on solid buying . The S&P 500 successfully bounced up off the Pink Line and needs to close higher than last week’s high of 2739.
Several on the Money Wave Buy list “Gapped Up” today more than 3%, so they will not be logged.
Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil was up $0.70 today at $53.10.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
EWZ BRAZIL FUND Money Wave Buy today. Target is $47.00. Sell if it is going to Close below $42.05.
ITUB ITAU UNIBANCO BANCO SA Money Wave Buy today. ITUB will not be logged, as it is already up 3.30% today.
PBR PETROBRAS ENERGY Money Wave Buy today. PBR will not be logged, as it is already up 4.7% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
AMD ADVANCED MICRO Money Wave must Close in the Green Zone.
CGC CANOPY GROWTH
EIDO INDONESIA FUND
I INTELSAT GLOBAL (2nd Buy soon)
VHC VIRNEX X HOLDING CO. Buy when it Closes above the Pink Line (10-day avg.) of $4.89 on HIGH VOLUME.
VXXB VIX VOLATILITY INDEX Medium Term Buy when it Closes above the Red Line (50-day avg.)
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT RWM INVERSE SMALL CAP FUND if it is going to Close below recent Support of $41.26.
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.