Bonds and Crude Oil seem to be adding some competition for Stocks now.
Crude Oil was up today at $68.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
XPO XPO LOGISTICS Money Wave Buy today. XPO 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 soon for:
MLCO MELCO RESORTS
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).
Change MU MICRON TECH to Long Term (Sell Stop Loss Below the Green Line) until it Bottoms.
EXIT ANF ABERCROMBIE & FITCH if it is going to Close Below Support of $25.52. This trade was not logged.
EXIT NFLX NETFLIX INC. if it is going to Close Below your Buy Price, or $313.98. 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.