Markets were up again today as the Buying continued. Most of the Portfolio is back up in the Red Zones (probably too late to Buy for the Short Term) so consider taking some profit, and update your Sell Stop losses here: PORTFOLIO
The Small Caps are back up to the Highs, with the other Indices lagging.
Crude Oil was up today at $74.05.
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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
UAA UNDER ARMOUR, INC. Money Wave Buy today. Place Sell Stop Loss below the recent Support of $21.74 on the Close.
TRXC TRANSENTERIX, INC. Money Wave Buy today. TRXC will not be logged, as the Volume is below average today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
ASNA ASCENA RETAIL GROUP
KSS KOHLS CORP. Money Wave must Close in the Green Zone
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
EXIT AMD ADVANCED MICRO on the Close today, or have a tight Sell Stop Loss below it to Capture a 7% Gain.
EXIT I INTELSAT GLOBAL on the Close today, or have a tight Sell Stop Loss below it to Capture a 8% Gain.
EXIT SQ SQUARE, INC. on the Close today, or have a tight Sell Stop Loss below it to Capture a 7% Gain.
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.
