QQQ Index
NASDAQ 100 is trying to Firm Up!

 

Markets are mixed today, but the Techs are trying to firm up at the late June Support.

The DOW Index holding up the best. 

S&P 500 has bounced at the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.  

 

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:   

ATVI   ACTIVISION   Money Wave Buy today. Place Sell Stop Below $55.86 on the Close.

EDU   NEW ORIENT ED.   Money Wave Buy today. We will not log, as EDU has poor Volume today

OMER   OMEROS CORP.   Money Wave Buy today. We will not log, as OMER has poor Volume today.

SQ   SQUARE INC.   Money Wave Buy today. We will not log, as SQ is already up more than 4% today.

 

Today has a large Watch List listed above for Money Wave Buys this week.

Money Wave Buy Signals soon:  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:  

EXIT   CENX   CENTURY ALUMINUM on the Close today, or have a tight Sell Stop Loss Below it.

 

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.

Related Post

Weekly Commentary Jul 2, 2017

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