Markets were up again today, but the Techs and Retail were weak. The Indices might now have put in a Higher Low than the October Lows, but all are not convinced.
Many Indices and Leaders are down in their Green Zones for Money Wave Buys soon. Please WAIT for Money Wave Buy Signals.
Crude Oil is up today at $56.75.
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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
AMZN AMAZON.COM Money Wave Buy today. Target is $1780. Place Sell Stop Loss below Support of $1546.51 on the Close.
VKTX VIKING THERA. Money Wave Buy today (2nd Buy). Target is $15.60. Place Sell Stop Loss below Support of $10.47 on the Close.
TNDM TANDEM DIABETICS Money Wave Buy today. TNDM will not be logged, as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
AMD ADVANCED MICRO Wait for pull-back around $18.50.
ENDP ENDO PHARMA. Place Buy Stop Order above $13.75.
ETSY ETSY, INC.
NIHD NII HOLDINGS
WMT WALMART INC. Money Wave must Close in the Green Zone.
XLV HEALTH CARE FUND Money Wave must Close in the Green Zone.
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 NONE TODAY
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!