Markets were down slightly today as the good Buying has dried up without favorable news. The S&P 500 Index stalled up near Resistance of 2943 this morning, and Sellers came in. Resistance is 2943.
Markets are trying to stay above their 50-day averages to stay Bullish. Markets are waiting for a Trade War resolution.
New Subscribers: Please be patient and WAIT for the Leaders to pop out of the Green Zones for Money Wave Buy Signals.
Bonds were mixed today and might have Double Topped. Bonds are Way Above the Green Line (Caution!).
Crude Oil was down $1.91 today at $54.90.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 8/30/2019
PAYS PAYSIGN INC. Buy today IF it is going to Close above $13.84 (probably not). Target is $18.00. EXIT if it Closes below Support of $12.64.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
IOVA IOVANCE BIO Medium Term Buy when it Closes above the Red Line of $21.24 on High Volume (above 1.5 mil).
ACST ACASTI PHARMA Medium Term Buy when it Closes above $2.06.
ENPH ENPHASE ENERGY Money Wave must Close in the Green Zone.
NVTA INVITAE CORP. Medium Term Buy if it Closes above the Pink Line of $24.75.
PLAN ANAPLAN INC.
SE SEA LIMITED ADR Medium Term Buy if it Closes above the Red Line of $33.11.
SNAP SNAP 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).
SELLS TODAY NONE TODAY
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! MONDAY is Labor Day Holiday (Markets Closed).