Markets were higher today as the Strongest Leaders are going back up to try for New Highs so the rally can continue.
The S&P 500 has Support at the January High of 2872… Closing below that could be “Bearish”. The Markets should attempt to re-test the recent Highs soon.
Crude Oil was down today at $68.75.
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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
TRXC TRANSENTERIX CORP. Money Wave Buy today. TRXC will not be logged as it is already up 4.75% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
ENDP ENDO PHARMA.
MNK MALLINCKRODT PLC 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 CTL CENTURYLINK, INC. if it is going to Close below your Buy Price, or $22.87. This trade was not logged.
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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– ENDP