The Markets are higher again today, and all of the major Indices are participating on lower Volume. The very Strongest Techs are Blowing Out! The S&P 500 made a Higher high today of 2440.
The Markets have no FEAR, therefore no Sellers as confidence levels are super high.
Most Funds are back up in the Red Zones (probably too late to Buy for the Short Term).
Traders, RAISE Cash so you will have Funds to Buy on the next pull-back into the Green Zones.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY:
DDD 3D SYSTEMS Money Wave Buy today. We will not log DDD, as the Volume is low.
SGMO SANGAMO THERA. Money Wave Buy today. We will not log SGMO, as it is already up 4.5%.
WB WEIBO CORP Money Wave Buy today. We will not log WB, as it is Way Above the Green Line.
Money Wave Buy Signals soon: SINA SINA.COM TROX TROXON INC. & YNDX YANDEX N V. We will email you when they are ready. Click on WatchList
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).
SELLS TODAY: NONE TODAY
Click for PORTFOLIO (Open Positions)
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.
About 1/3 of the time, the Money Wave Buys will result small losses, so please use a Sell Stop Loss after all Buys.
Related Post
– DDD
