Markets are up today, as the Tech stocks are bouncing. The S&P 500 is holding above Support at 2322.
The Strongest Leaders should bounce back up to the recent Highs. The Semis SMH & NASDAQ 100 QQQ are up today.
The Reward / Risk ratio of investing now is poor, so please do not Buy unless you are VERY NIMBLE, as the Leaders are still Way Above the Green Lines.
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:
Maybe CARA CARA THERA. Money Wave Buy today. We will not log, as the Volume is low.
WDC WESTERN DIGITAL Money Wave Buy today. We will not log, as WDC is Way Above the Green Line.
X US STEEL We will not log, as X is already up 9% today.
Look for more Money Wave Buy Signals soon. Please click on the WatchList We will email you when they are ready.
SELLS TODAY:
EXIT AMAT APPLIED MATERIALS today on the Close, or have a tight Sell Stop Loss.
EXIT AMD ADVANCED MICRO today on the Close, or have a tight Sell Stop Loss.
EXIT SAN SANTANDER BANK today on the Close, or have a tight Sell Stop Loss.
Click for 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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.