Markets “Gapped Up” on Good Earnings and Good News. The S&P 500 Index is now back up to the Sept. Highs of 2018, as it bounced up above the Pink Line of 2900 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 $0.80 today at $66.35.
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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
EWH HONG KONG FUND Money Wave Buy today. Target is $28.00. EXIT if it is going to Close below Support of $26.35.
ARRY ARRAY BIOPHARMA Money Wave Buy today. ARRY will not be logged, as it is already up 3.0% today.
NVTA INVITAE CORP. Money Wave Buy today. NVTA will not be logged, as it is already up 4.5% today.
JLP.L JUBILEE PLATINUM (LSE) Money Wave Buy today. Foreign Investments will not be logged.
SBER.L SHERBANK OF RUSSIA ADR (LSE) Money Wave Buy today. Foreign Investments will not be logged.
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.)
HZNP HORIZON PHARM. (2nd Buy Signal). Medium Term Buy when it Closes above the Red Line.
IONS IONIS PHARM.
SID COMPANHIA SIDERURGICA (2nd Buy Signal).
TNDM TANDEM DIABETICS Medium Term Buy when it Closes above the Red Line.
NON US INVESTMENTS:
IDFCFIRSTB.IN IDFC FIRST BANK (NSE)
NCC.IN NCC LTD. (NSE)
ORIENTBANK.IN ORIENTAL BANK (NSE)
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
EXIT AVP AVON PRODUCTS on the Close today, or have a tight Sell Stop below it, as AVP is up 11% today. (We will try to Buy it again lower).
EXIT AMD ADVANCED MICRO if it is going to Close below your Buy Price, or $27.85. 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.
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