Markets “Gapped Up” today on Good News Buying, but Volume was low again. The S&P 500 Index was able to bounce up above the Pink Line of 2883 to avoid a Short Term Sell Signal.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was up $0.30 today at $63.85.
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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
AMD ADVANCED MICRO Money Wave Buy today. AMD 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.)
CGC CANOPY GROWTH Medium Term Buy when it Closes above the Red Line of $43.47.
SID COMPANHIA SIDERURGICA SA
VFF VILLAGE FARMS INT’L.
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 HZNP HORIZON PHARM. to Medium Term (Sell Stop Loss below the Red Line of $25.44).
EXIT GDX GOLD MINING FUND if it is going to Close below the Red Line of $22.19.
CHANGE PBR PETROBRAS ENERGY to Long Term (Sell Stop Loss below the Green Line of $14.02).
EXIT AMD ADVANCED MICRO if it is going to Close below the Pink Line around $27.95. 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!