Archives for October 2018

 

Markets  were up slightly today, but many of the Momentum Techs got hit hard. The S&P 500 FAILED at the Pink Line (10-day avg.) on Wednesday,  and is slowly going back down to re-test the recent Lows near the Green Line (250-day avg.) 

Most likely the S&P will hold Support, and work its way back up towards the Red Line (50-day avg.) in a few weeks.

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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   

 

LONG TERM BUYS (Buy on Friday’s Close)

 

ECYT    ENDOCYTE, INC.    Long Term Buy, but ECYT will not be logged as it is already up 51% this week.

IMMU    IMMUNOMEDICS   Long Term Buy, but IMMU will not be logged as it is already up 11% this week. (Maybe Buy near Red Line.)

 

Money Wave Buys Signals Soon:   

 

AMZN    AMAZON.COM    Wait for Medium Term Buy.     

CGC    CANOPY GROWTH CORP.

DNR    DENBURY RESOURCES    

ROKU    ROKU, INC.    Wait for 2nd Buy Signal.   

PYX    PYXUS INT’L. INC.

TRXC    TRANSENTERIX INC.    Wait for Medium Term Buy. 

SQ    SQUARE, INC.     Wait for Medium Term Buy.     

XLY    CONSUMER FUND    Wait for Medium Term Buy. 

  

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   

 

P    PANDORA MEDIA    slipped below Support on the Close yesterday and was Stopped Out about even.

Change    AMD    ADVANCED MICRO   to Long Term (Sell Stop Loss Below the Green Line of $17.78) until it bottoms. 

Change    ROKU   ROKU INC.    to Long Term (Sell Stop Loss Below the Green Line of $44.94) until it bottoms.   

Change    TEAM    ATLASSIAN CORP.     to Long Term (Sell Stop Loss Below the Green Line of $65.31) until it bottoms.   

 

 

EXIT    CRON    CRONOS GROUP    if it is going to Close below the Pink Line around $10.19 on the Close.  This trade was not logged.

EXIT    TNDM    TANDEM DIABETES    if it is going to Close below the Pink Line around $36.25 on the Close.  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.

 

HAVE A NICE WEEKEND!

 

Markets  were down today as the S&P 500 FAILED at the Pink Line (10-day avg.) and is going back down to re-test the recent Lows.

This week’s rally could be the middle of a “W” and the Strongest will not make it all the way back down to the Green Line (250-day avg.) 

Most likely the S&P will hold Support, and work its way back up towards the Red Line (50-day avg.) in a few weeks.

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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:   

 

AMZN    AMAZON.COM    Wait for pull-back. 

DNR    DENBURY RESOURCES    (Back in the Green Zone)

ROKU    ROKU, INC.    Wait for 2nd Buy Signal.   

PYX    PYXUS INT’L. INC.

TRXC    TRANSENTERIX INC.    Wait for Medium Term Buy. 

SQ    SQUARE, INC.     Wait for Medium Term Buy.     

XLY    CONSUMER FUND    Wait for Medium Term Buy. 

  

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   

 

LOWER  the Sell Stop Loss on     AMD    ADVANCED MICRO to the Red Line of $26.27  on the Close.

LOWER  the Sell Stop Loss on     USO    US OIL FUND    to $14.50  on the Close.

 

EXIT    CGC    CANOPY GROWTH   if it is going to Close below your Buy Price, or $49.00 on the Close.  This trade was not logged.

 

 

Many Sell Stops have been RAISED up.  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.

 

Markets  were mixed today after yesterday’s big rally. The S&P 500 has rallied back up to the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. So be cautious Buying at this time.

This week’s rally could be the middle of a “W” and then maybe down once more to re-test the Green Line (250-day avg.) in a few days.

Eventually the S&P should work its way back up towards the Red Line (50-day avg.) in a few weeks.

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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:   

 

AMZN    AMAZON.COM    Wait for pull-back. 

DNR    DENBURY RESOURCES    (Back in the Green Zone)

ROKU    ROKU, INC.    Wait for 2nd Buy Signal.   

TRXC    TRANSENTERIX INC.    Wait for Medium Term Buy. 

SQ    SQUARE, INC.     Wait for Medium Term Buy. 

  

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    BSX    BOSTON SCIENTIFIC on the Close today, or have a tight Sell Stop Loss below it it capture a 5% Gain.

LOWER  the Sell Stop Loss on     USO    US OIL FUND    to $14.69  on the Close.

 

 

EXIT    DNR    DENBURY RESOURCES   if it is going to Close below Support of $5.52.  This trade was not logged.

 

 

Many Sell Stops have been RAISED up.  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.

 

Markets  bounced up big today on lower Volume as the FEAR has subsided. The S&P 500 is rallying back up towards the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. This week’s rally could be the middle of a “W” and then maybe down once more to re-test the Green Line (250-day avg.) in a few days.

Eventually the S&P should work its way back up towards the Red Line (50-day avg.) in a few weeks.

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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   

 

FDC    FIRST DATA CORP.      This will be the 2nd Money Wave  Buy today. Target is $26.65.  Place Sell Stop Loss below the recent Support of $22.15 on the Close.

USO    US  OIL FUND    Money Wave  Buy today. Target is $16.25.  Place Sell Stop Loss below the recent Support of $14.89 on the Close.

 

DNR    DENBURY RESOURCES   Money Wave Buy today.  DNR will not be logged as it is already up 3% today and the Volume is lower.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys Signals Soon:   

 

AMZN    AMAZON.COM    Wait for Medium Term Buy. 

LOW    LOWES CO.      Wait for Medium Term Buy. 

ROKU    ROKU, INC.    Wait for 2nd Buy Signal.   

TRXC    TRANENTERIX INC.    Wait for Medium Term Buy. 

SQ    SQUARE, INC.     Wait for Medium Term Buy. 

  

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

Many Sell Stops have been RAISED up.  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.

 

Markets  were mixed today as the S&P 500 is trying bottom after last week’s decline… Maybe down once more to re-test the Green Line (250-day avg.) in a few days. Then the S&P should work its way back up towards the Red Line (50-day avg.) in a few weeks.

Cannabis Stocks are up big today! (If you bought any on the List).

The Strongest Leaders have corrected down enough for better Money Wave Buys soon. Try to Buy Investments that are holding Above the Red Lines (50-day avg.) as they should bounce better.

 

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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   

 

BSX    BOSTON SCIENTIFIC CORP.     Money Wave Buy today.  Target is $40.00.  Place Sell Stop Loss below the recent Support of $35.84 the Close.

MRK    MERCK & CO.      Money Wave  Buy today. Target is $73.00.  Place Sell Stop Loss below the recent Support of $67.82 on the Close.

XLV    HEALTH CARE FUND     Money Wave  Buy today. Target is $96.00.  Place Sell Stop Loss below the recent Support of $89.04 on the Close.

 

Money Wave Buys Signals Soon:   

 

AMZN    AMAZON.COM    Wait for Medium Term Buy. 

DNR    DENBURY RESOURCES

FDC    FIRST DATA CORP.    Wait for 2nd Buy Signal.

LOW    LOWES CO.      Wait for Medium Term Buy. 

ROKU    ROKU, INC.    Wait for 2nd Buy Signal.   

TRXC    TRANENTERIX INC.    Wait for Medium Term Buy. 

SQ    SQUARE, INC.     Wait for Medium Term Buy. 

USO    US  OIL FUND

 

  

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).

______________________________________________________________________________________

 

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.