Markets were mixed today on more slow trading. The DOW Index is down from a 4% drop in Boeing Corp.
Most of the Leaders and Indices are back up in the Red Zones (probably too late to Buy for the Short Term). Short Term Traders might want to raise some CASH.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was up $1.25 today at $64.33, a high for this year.
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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 NONE TODAY
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 $43.79.
YUMC YUM CHINA HOLDINGS Money Wave must Close in the Green Zone.
ZS ZSCALER, 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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT ACAD ARCADIA PHARM. if it is going to Close below the Pink Line around $27.04. This trade was not logged.
EXIT FBP FIRST BANCORP. if it is going to Close below the Pink Line around $11.50. 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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