Markets are mixed today, as the Strongest Indices are back up near the Highs.
Many Watch List Money Wave Buy today, but the Volume is weak on all of them. We would prefer that all the Indices also correct down some.
Be patient and WAIT for some negative news to return the Leaders back down to their Green Zone for Money Wave Buys..
The Semiconductors and BioTechs are the Strongest Sectors to buy when they return to their Green Zones.
Crude Oil is down today at $51.55 / 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
BABA ALIBABA GROUP Money Wave Buy. We will not log BABA, as the Volume is low.
FMC FMC CORP. Money Wave Buy. We will not log FMC, as the Volume is low.
NVDA NVIDIA CORP. Money Wave Buy. We will not log NVDA, as the Volume is low.
REMX RARE EARTH FUND Money Wave Buy. We will not log REMX, as it is Way Above the Green Line.
SQM SOCIEDAD QUIMICA Money Wave Buy. We will not log SQM, as the Volume is low.
VRTX VERTEX PHARM. Money Wave Buy. We will not log VRTX, as the Volume is low.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for EWZ BRAZIL FUND. 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.
Related Post
– BABA