Markets “Gapped Up” today on more Good News Buying. The Leaders are back up near last week’s Highs, to Fail, or push Higher. The Tech Stocks and the DOW are currently the Strongest Indices.
Be patient and WAIT for the Leaders to return to their Green Zone for Money Wave Buys..
Crude Oil is down today at $55.15/ barrel.
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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
GRPN GROUPON INC. Money Wave Buy today. We will not log GRPN, as it is already up 3.9% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for DVAX DYNAVAX TECH & TRXC TRANSENTERIX INC. 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).
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SELLS TODAY
EXIT SGMO SANGAMO THERA. on the Close today or have a tight Sell Stop Loss to preserve an 18% Gain, if you bought it.
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.
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– TRXC