Markets were up slightly today on light Holiday Buying, and another try at the Highs. We will find out soon if the Markets fail up here, or push Higher. The Tech Stocks and the DOW are currently the Strongest Indices to Buy on Pull-backs.
Be patient and WAIT for the Leaders to return to their Green Zone for Money Wave Buys..
Crude Oil is down today at $56.40/ barrel.
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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
RXDX IGNYTA INC. Money Wave Buy today. We will not log RXDX, as it is already up 5% today, and 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 TRXC TRANSENTERIX INC. 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).
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SELLS TODAY
EXIT ABEO ABEONA THERA. if it is going to Close below your Buy Price. or $15.25.
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.