Markets were down today as most of the Leaders were up in the Red Zones (probably too late to Buy for the Short Term. The S&P 500 Failed to Close above the Red Line (50-day avg.) so selling came in. The “W” pattern back up to the Highs will not happen this time. The Trade War must be resolved soon.
Please be patient and WAIT for the Leaders to pop out of the Green Zones for Money Wave Buy Signals.
Bonds went almost down to the Green Zone yesterday and then bounced. Bonds are Way Above the Green Line.
Crude Oil was down $1.34 today at $54.01.
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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 8/23/2019 NONE TODAY
THERE WILL BE NO LONG TERM BUYS THIS WEEK.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates (NEW): (Buy Signal should be very soon… Click on the Jump Start link for more info.)
AVP AVON PRODUCTS
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IOVA IOVANCE BIO Medium Term Buy when it Closes above the Red Line of $21.49.
SE SEA LIMITED ADR
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).
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SELLS TODAY
CGC CANOPY GROWTH LOWER the Sell Stop Loss to $24.00 until it bottoms.
DBD DIEBOLD NIXDORF LOWER the Sell Stop Loss to $11.40.
PG PROCTOR & GAMBLE EXIT if it is going to close below the Pink Line of $118.28.
SPWR SUNPOWER CORP. CHANGE the Sell Stop Loss back to the Red Line of $11.75.
TER TERADYNE INC. EXIT if it is going to Close below your Buy Price, or $52.40.
TTD TRADE DESK INC. EXIT if it is going to Close below the Pink Line around $253.65.
SMH SEMICONDUCTOR FUND EXIT if it is going to Close below your Buy Price, or $113.44. This trade was not logged.
VSLR VIVINT SOLAR EXIT if it is going to Close below your Buy Price, or $7.98. This trade was not logged.
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!