MARKETS WILL CLOSE EARLY AT 1:00 PM EDT on TUESDAY FOR JULY 4 HOLIDAY
Markets were mixed today on low Holiday Volume. More Money Wave Buys have kicked in recently.
Try to Buy the Strongest Investments that are bouncing up off the Red Lines (50-day avgs.)
Please be patient, and WAIT for Money Wave Buy Signals.
Crude Oil was down today at $73.25, after making a New High.
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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
I INTELSAT GLOBAL (2nd Buy) Money Wave Buy today. Place Sell Stop Loss below recent Support of $15.56 on the Close.
XRT RETAIL FUND Money Wave Buy today. Place Sell Stop Loss below recent Support of $47.90 on the Close.
Money Wave Buys soon for:
KSS KOHLS CORP. Money Wave must Close in the Green Zone
RL POLO RALPH LOREN Relative Strength is Below 90.
WLL WHITING PETE. (2nd 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 NONE TODAY
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.
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– WLL
