Markets are mixed again, but many Techs are up today. The NASDAQ 100 Index is going back up to re-test the mid June Highs, but it is already in the Red Zone.
The S&P 500 is still trying to hold at the Pink Line (10-day avg). Bonds are seeing weakness…
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:
CENX CENTURY ALUMINUM Money Wave Buy today. We will not log, as CENX is already up 7% today.
EWW MEXICO FUND Money Wave Buy today. We will not log, as EWW is Way Above the Green Line.
Money Wave Buy Signals soon: CSX CSX CORP, EPI INDIA FUND, EWP SPAIN FUND & TTWO TAKE-TWO INTER. 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
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. We will not log trades if the Reward/Risk is not at least 2:1.
Have a nice weekend!
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– CSX