Markets are Closed on Monday Sep 4th to celebrate Labor Day holiday.
Markets are higher again today, and the Tech Fund and BioTech Fund have been able to make New Highs again.
Caution! Most Funds are in the Red Zones (probably too late to Buy for the Short Term), so nimble Traders should be raising Cash.
The Major Indices are going back up to re-test the early August Highs. They should make New Highs soon, for this rally to continue.
Crude Oil is up today at $47.30 / barrel.
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: NONE TODAY
Money Wave Buy soon for: CHGG CHEGG 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).
SELLS TODAY: NONE 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.
HAVE A NICE WEEKEND!
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– CHGG