Markets were mixed today as Investors wait for AAPL & AMD Earnings after the Close tonite. The S&P 500 has Support at 2613, and needs to hold above that level.
Volume was low in a tight range day.
Crude Oil was up $1.15 today at $53.20.
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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 NONE TODAY
Money Wave Buys Signals Soon:
DXCM DEXCOM, INC.
LLY ELI LILLY & CO. Money Wave must Close in the Green Zone.
RWM INVERSE SMALL CAP FUND Medium Term Buy when it Closes above the Red Line (50-day avg.)
VHC VIRNEX X HOLDING CO.
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT I INTELSAT GLOBAL on the Close today, or have a tight Sell Stop below it to capture a quick 6% Gain (2nd Buy only).
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.