Archives for November 2018

 

Markets  were up again today on lower Volume. Markets are finishing up for the week with a nice bounce of a possible “W” pattern back up. The rally is getting over-bought on the Short Term. 

Please check the Sell Stops in the PORTFOLIO  as many have been tightened up.

Try to own only the Strongest Leaders that can hold above their Green Lines here, and they could see nice moves up. 

 

Crude Oil  was down  $0.75 today at  $50.70. 

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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

 

There were several Long Term Buys triggered on the Close today, but some are already up 10-20% and will not be logged. More on these on the Green Line Weekly on Sunday.

 

Money Wave Buys Signals Soon:   

ENDP    ENDO PHARMA    Place Buy Stop Order above $13.02.  
EUM    INVERSE EMERGING MARKETS FUND     
LW    LAMB WESTON      
RWM    INVERSE SMALL CAP 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).

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SELLS TODAY     

 

EXIT    SBUX    STARBUCKS CORP.    if it is going to Close below your Buy Price, or $66.82.   

EXIT    SQ    SQUARE INC.    if it is going to Close below your Buy Price, or $69.81

 

 

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 up slightly today after dipping lower in the morning. Looks like a “W” pattern back up, but the rally is getting over-bought on the Short Term. 

Please check the Sell Stops in the PORTFOLIO  as many have been tightened up.

Try to own only the Strongest Leaders that can hold above their Green Lines here, and they could see nice moves up. 

 

Crude Oil  was up  $1.36 today at  $51.65. 

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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   

 

ULTA    ULTRA BEAUTY, INC.    Money Wave Buy today.  ULTA will not be logged, as the Volume is below average. 

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

 

Money Wave Buys Signals Soon:   

ENDP    ENDO PHARMA    Place Buy Stop Order above $13.02.  
EUM    INVERSE EMERGING MARKETS FUND     
LW    LAMB WESTON      
RWM    INVERSE SMALL CAP 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).

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SELLS TODAY     

 

EXIT     AMZN    AMAZON.COM   on the Close today, or have a tight Sell Stop Loss below it.

EXIT     TEAM    ATLASSIAN CORP.   on the Close today, or have a tight Sell Stop Loss below it.    

EXIT    SQ    SQUARE INC.    if it is going to Close below your Buy Price, or $69.81

 

 

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  popped up big today as the FED made positive talks to make the HERD feel better. Looks like many are now betting on a  Double Bottom soon, and we could see a “W” pattern for a much larger rally up longer term. 

Try to own only the Strongest Leaders that can hold above their Green Lines here, and they could see nice moves up. 

 

Crude Oil  was down  $1.20 today at  $50.40. 

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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   

 

SBUX    STARBUCKS CORP.     Money Wave Buy today.  SBUX will not be logged, as it is still Way Above the Green Line. 

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

 

Money Wave Buys Signals Soon:   

AMD    ADVANCED MICRO   
EUM    INVERSE EMERGING MARKETS FUND     
LW    LAMB WESTON        
ULTA    ULTRA BEAUTY, INC.

  

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    DXCM    DEXCOM INC.    if it is going to Close below your Buy Price, or $124.28. This trade was not logged.

LOWER  the Sell Stop Loss on    ROKU    ROKU INC.   to $37.51 on the Close until it bottoms.   

 

 

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 up  slightly today after some Selling this morning.  The Pink Line (10-day avg.) could be resistance for the Indexes for a while.  Many are waiting to see if the Indices are going to Hold and Bounce at the Support of  the October Lows. 

If the S&P 500 can make a Higher Low  or Double Bottom soon, we could see a “W” pattern for a much larger rally up. 

Try to own only the Strongest Leaders that can hold above their Green Lines here, and then could see nice moves up. 

 

Crude Oil  was up  $0.15 today at  $51.75. 

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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   

 

XLP    CONSUMER STAPLES FUND      Money Wave Buy today.  Target is $58.00. Place Sell Stop Loss below $54.42 on the Close. 

 

Money Wave Buys Signals Soon:   

AMD    ADVANCED MICRO        
SBUX    STARBUCKS CORP.
XLU    UTILITIES FUND     Money Wave must Close in the Green Zone.
XLV    HEALTH CARE FUND    Money Wave must Close in the Green Zone.

  

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    I     INTELSAT GLOBAL    (2nd Buy only) on the Close today, or have a tight Sell Stop Loss below it to capture a 9% Gain.   

 

Change    VKTX    VIKING THERA.    to Long Term (Sell Stop Loss Below the Green Line of $9.33) until it bottoms.   

 

 

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 up  today as mild buying came into over-sold Investments.  Many are waiting to see if the Indices are going to Hold and Bounce at the Support of  the October Lows. 

If the S&P 500 can make a Higher Low  or Double Bottom soon, we could see a “W” pattern for a much larger rally up. 

Try to own only the Strongest Leaders that can hold above their Green Lines here, and then could see nice moves up. 

 

Crude Oil  was up  $1.20 today at  $51.60. 

____________________________________________________________________________________

The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY   

 

TRIP    TRIP ADVISOR    Money Wave Buy today.  TRIP will not be logged, as it is already up 4% today and the Volume is not High. 

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

 

Money Wave Buys Signals Soon:   

AMD    ADVANCED MICRO        
ENDP    ENDO PHARMA.   Place Buy Stop Order above $13.75.   
SBUX    STARBUCKS CORP.
WMT    WALMART INC.    Relative Strength is Below 90.
XLP    CONSUMER STAPLES FUND   
XLU    UTILITIES FUND     Money Wave must Close in the Green Zone.
XLV    HEALTH CARE FUND    Money Wave must Close in the Green Zone.

  

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.