Money Wave Alert! Apr 2, 2018

 

Markets were down today as the S&P 500 is re-testing the Feb Lows. Many Indices are down near their Green Lines, and should bounce soon.

The weaker Investments have gone down once more, and should be Over-Sold soon. Then maybe a good Rally can begin. The Indices had steep declines (heavy selling), and those take a while to heal.

Crude Oil  down today at $63.10.

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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   

TWTR    TWITTER,INC.    Money Wave Buy today.   Place Sell Stop Loss Below Support of  $27.39 on the Close.

 

Money Wave Buys soon for:

AMZN    AMAZON.COM    Money Wave Must Close in the Green Zone.
GRUB    GRUBHUB INC.    
IMGN    IMMUNOGEN INC.  
MU    MICRON TECH
NFLX    NETFLIX INC.    Money Wave Must Close in the Green Zone.
SPLK    SPLUNK, INC.
SQ    SQUARE INC.

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

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SELLS TODAY  

 

LOWER Sell Stop Loss on    CSCO    CISCO SYSTEMS    to the Green Line of $36.51 until this Dump is over.

LOWER Sell Stop Loss on    HPE    HEWLETT PACKARD    to today’s Low of $16.94 on the Close.

LOWER Sell Stop Loss on    PBR      PETROBRAS S A    to the Red Line of $13.42 on the Close.

LOWER Sell Stop Loss on    SMH    SEMICONDUCTOR FUND    to the Green Line of $93.75 until this Dump is over.

LOWER Sell Stop Loss on    GBT    GLOBAL BLOOD THERA    to the Green Line of $40.80 until this Dump is over.

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.