Markets were mostly up today after losing the rally from the FED raising the Fed Funds rate 1/4 point.
Leaders are trying to bounce from their Green Zones, for Money Wave Buy Signals soon.
Crude Oil is up today at $65.40.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
QQQ NASDAQ 100 Money Wave Buy today. Place Sell Stop Loss below Support of $165.64 on the Close.
XBI BIOTECH FUND Money Wave Buy today. Place Sell Stop Loss below Support of $90.71 on the Close.
PBR PETROBRAS SA Money Wave Buy today. PBR will not be logged, as it is already up 5% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
SMH SEMICONDUCTOR FUND Money Wave Must Close in the Green Zone.
XLK TECH FUND
X US STEEL CORP. Wait for a Close Above $40.54 for a Medium Term Buy.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
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).
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SELLS TODAY
LOWER the SELL STOP LOSS on GBT GLOBAL BLOOD THERA. to a Close Below $49.50 (today’s Low).
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
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.
