Markets are mixed today, as the DOW is about out of Buyers at this level.
The BioTechs and Semiconductors have pulled back down near Over-Sold levels. There are many on the Watch List. Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil is down today around $48.90 / 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:
XBI BIOTECH FUND Money Wave Buy today. Place Sell Stop Loss below $75.70 on the Close.
ESPR ESPERION THERA Money Wave Buy today. We will not log ESPR, as the Volume is Low.
EWW MEXICO FUND Money Wave Buy today. We will not log, as EWW is Way Above the Green Line.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for: AMD ADVANCED MICRO, EXEL EXELIXIS Inc, FOLD AMICUS THERA, LRCX LAM RESEARCH, RH RESTORATION HARDWARE, & WTW WEIGHT WATCHERS. 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.
Related Post
– EWW
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Yes, the new format is not working well…
Probably change back until fixed.
Thank you for writing.