Markets were down today as the Large Caps stocks become over-sold. The DOW Index is in the Green Zone.
The Strongest NASDAQ 100 and Small Cap Indices are still holding above the Pink Lines, to avoid Short Term Sell Signals.
Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.
Crude Oil was up at $65.75.
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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 NONE TODAY
Money Wave Buys soon for:
BA BOEING CO.
EC ECOPETROL SA
RHT RED HAT, INC.
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 HRTX HERON THERA. today on the Close, or have a tight Sell Stop Loss below it to capture a 28% Gain.
LOWER the Sell Stop Loss on VLO VALERO ENERGY to $110 on the Close, as it is back down in the Green Zone.
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.
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– BA