Markets are mixed again today, but the Tech Stocks are higher and still holding the Markets up. Volume is Lower.
The S&P 500 is still holding Above the Pink Line (10-day avg.) of 2581 to avoid a Short Term Sell Signal.
Be patient and WAIT for the Leaders to return back down to their Green Zone for Money Wave Buys..
Crude Oil is down today at $56.80/ 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
CROX CROCS INC. has popped up 11% today on a Money Wave Buy. We will not log CROX, as the Relative Strength is Below 90 and the stock is already up 11% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for ABEO ABEONA THERA. FBR FIBRIA CELULOSE, OSTK OVERSTOCK.COM, & TRXC TRANSENTERIX. 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 BITA BITAUTO HOLDINGS on the Close today, or have a tight Sell Stop Loss on it to preserve a 13% Gain.
EXIT YY YY INC if it is going to Close Below your Buy Price, or $90.39 today.
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
– CROX