A few Darlings are still going higher!
The Markets popped up today, but the very Strongest Techs are not participating in today’s rally. The S&P 500 corrected down to 2404 yesterday, and has exceeded last Thursday’s High of 2419.
The Markets have no FEAR, therefore no Sellers as confidence levels are super high.
Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term).
Traders, RAISE Cash so you will have Funds to Buy on the next pull-back into the Green Zones.
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
Many are not Closing in the Green Zone (as required by the Rules).
Money Wave Buy Signals soon: CC CHEMOURS CO. DDD 3D SYSTEMS SAN SANTANDER BANK SGMO SANGAMO THERA. SINA SINA.COM TROX TROXON INC. WB WEIBO CORP. & YNDX YANDEX N V. 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:
EXIT MOMO MOMO INC. if it is going to Close Below $36.90 Support.
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.
Related Post
– DDD