Archives for March 2019

 

Markets were down slightly today on below average Volume. The Leaders and the S&P 500 Index are slowly returning back down to their Green Zones, as the Selling has been light. 

Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.

Crude Oil was $0.05  today at  $59.00. 

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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    

 

TGNA   TENGA, INC.     Medium Term Buy today.  Target is $15.75. EXIT if it is going to Close the Red Line of  $13.15.

 

RCII   RENT-A-CENTER     Money Wave Buy today.  RCII 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:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

AMRN   AMARIN CORP.     

ANF    ABERCROMBIE & FITCH
    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.    

CHGG   CHEGG, INC.     

CRON    CRONOS GROUP

FBP   FIRST BANCORP     

PBR   PETROBRAS ENERGY    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 Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    

 

EXIT    XLNX    XILINX, INC.   if it is going to Close below the Pink Line around $125.07.

 

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 down today as Interest Rates tanked on Slow Growth Fears. The S&P 500 Index might Close below last week’s Support of 2817.  That could be Bearish. 

Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.

Crude Oil was down $1.00  today at  $59.00. 

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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:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

AMRN   AMARIN CORP.    
    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.    

CHGG    CHEGG, INC.

FBP    FIRST BANCORP

RCCI   RENT-A-CENTER   

TGNA   TENGA, INC.    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 Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    

 

CHANGE    CIEN   CIENA CORP.     to a Long Term Hold  (Sell Stop Loss Below the Green Line of $32.09) as the Weekly Money Wave is back down in the Green Zone.   

EXIT    CROX    CROCS, INC    (Short Term Buy only)  if it is going to Close below your Buy Price, or $25.37.

 

EXIT    VHC    VIRNEX X HOLDING    if it is going to Close below your Buy Price, or $5.87. 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 higher today as the Indices bounced up off the Pink Lines (10-day avgs.) on lower Volume. Yesterday the S&P 500 Index bounced up off of last week’s Support of 2817.  AAPL finally Closed above it’s 200-day average of $190.67, with a 4% move today. 

Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.

Crude Oil was down $0.33  today at  $59.90. 

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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:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

AMRN   AMARIN CORP.    
    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.    

FBP    FIRST BANCORP

RCCI    RENT-A-CENTER

  
    
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    

 

EXIT    AMD     ADVANCED MICRO    on the Close today, or have a tight Sell Stop Loss below it. We will try to Buy it again lower.

EXIT    AVP   AVON PRODUCTS    if it is going to Close below your Buy Price, or $2.75.

EXIT    EWZ    BRAZIL FUND  if it is going to Close below the Pink Line around   $43.45.

 

EXIT     CRON  CRONOS GROUP     if it is going to Close below your Buy Price or $21.00.  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.

 

Markets were down earlier today until the FED announced that they would not Raise Rates again this year. Is the Economy really that weak? Bonds and Commodities think so. The US Dollar dropped, and GOLD rose.

The S&P 500 Index went down below Support at last week’s High of 2817, but bounced up on the FED Talk. Closing below 2817 would be Bearish. 

Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.

Crude Oil was up $0.80  today at  $60.15. 

__________________________________________________________________________________________________

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

 

BUYS TODAY    

 

GDX   GOLD MINING INDEX     Money Wave Buy today.  Target is $24.00. EXIT if it is going to Close below Support of $21.83.

KL    KIRKLAND LAKE GOLD      Medium Term Buy.  Target is $37.00.  EXIT if it is going to Close below the Red Line of $31.91.

 

Money Wave Buys Signals Soon:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

AMRN    AMARIN CORP.
    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.     

RCCI    RENT-A-CENTER

  
    
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 Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    

 

EXIT     ITUB    ITAU UNIBANCO      if it is going to Close below the Red Line of $9.42.  This trade was not logged.

Please check today’s Sell Stops… Market is backing off near the Close…  PORTFOLIO

 

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.