Markets were up on Friday as the Tech stocks popped. The few “Darling” stocks keep moving up, but many sectors are not moving much.
Most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term), so Short Term Traders should be raising Cash soon.
Crude Oil was down again today at $65.90.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
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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
SGMO SANGAMO THERA. Long Term Wave Buy today if it Closes above $16.60. Place Sell Stop Loss below the Green Line of $15.71 on the Close.
Money Wave Buys soon for:
GERN GERON CORP.
TLRD TAILORED BRANDS Money Wave must Close in the Green Zone.
WTW WEIGHT WATCHERS INT’L.
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).
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SELLS TODAY
EXIT USO US OIL FUND if it is going to Close below Support of $13.33 on the Close.
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.
HAVE A NICE WEEKEND!
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– WTW
