Markets are down today, and the S&P 500 is back down on the Red Line (50-day avg.) and must make New Highs soon for the rally to continue.
The Tech Stocks are trying to hold in the Green Zone.
Bonds have dumped for the last 2 weeks, but are now over-sold on the Short-Term.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY:
JD JD.COM INC. Possible Money Wave Buy today, if Indicator Closes > 20. Place Sell Stop Below $38.51 on the Close.
NVDA NVIDIA CORP. This is an additional Money Wave Buy today. Place Sell Stop Below $138.58 on the Close.
Still a large Watch List list for Money Wave Buys this week.
We will email you when they are ready. Click on WatchList
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:
EXIT EWW MEXICO FUND if it Closes Below the Pink Line of $53.77.
Click for PORTFOLIO (Open Positions)
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.
Related Post
– JD