The Markets are pulling back today, as the FED finally RAISED THE FED FUNDS RATE to 1/2%. The Steel Stocks have pulled back into the Green Zones, for Money Wave Buy Signals… Please do not Buy then unless you are VERY NIMBLE, as they are still Way Above the Green Lines. The S&P 500 should bounce again near the Pink Line (10-day avg.)
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
CLF CLIFFS NATURAL RESOURCES We will NOT Buy as it is Up over 4% today.
TSRO TESARO We will NOT Buy as the Volume is too low.
ON DECK: EXEL GGB KTOS STLD TECK & VALE.P
Click for WATCH LIST
Click for STOCKCHARTS LIST
Click for OPEN POSITIONS
Many like to buy the day before, if the Investment has not popped up too much.
Money Wave Buys are usually good for a 3-6 % move in a few days.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buy orders.