Markets were up slightly today as the Leaders are trying to bounce from their Green Zones, for Money Wave Buy Signals soon.
The NASDAQ 100 and Tech Fund are the Strongest Indices, and are now in their Green Zones.
Please be patient and WAIT for the Strongest Leaders to move back into their Green Zones for Buy Signals.
Crude Oil is up today at $63.51.
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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
INTC INTEL CORP. Money Wave Buy today. Place Sell Stop Loss below Support of $49.93 on the Close.
SKX SKECHERS USA Money Wave Buy today. Place Sell Stop Loss below Support of $39.12 on the Close.
X US STEEL CORP. X is Still Below the Red Line. Wait for a Close Above $40.54 for a Medium Term Buy.
Money Wave Buys soon for:
AMZN AMAZON.COM, INC. Money Wave Must Close in the Green Zone.
PBR PETROBRAS SA
QQQ NASDAQ 100
RF REGIONS FINANCIAL Money Wave Must Close in the Green Zone.
SMH SEMICONDUCTOR FUND Money Wave Must Close in the Green Zone.
XBI BIOTECH FUND
XLK TECH FUND
X US STEEL CORP.
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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– AMZN