Markets were down today as the Indices slipped below their Pink Lines (10-day avgs.) to create Short Term Sell Signals.
Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy Signals.
Crude Oil was down again today at $65.10.
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 soon for:
ETP ENERGY TRANSFER LP
FDC FIRST DATA CORP.
KDP KEURIG DR. PEPPER
HEAR TURTLE BEACH CORP Yesterday, the Money Wave did not Close > 20.
NOV NAT’L. OILWELL VARCO
ZGNX ZOGENIX, 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).
EXIT FDN INTERNET FUND today if it is going to Close below the Pink Line around $139.71.
EXIT QQQ NASDAQ 100 Fund today if it is going to Close below the Pink Line around $180.78.
LOWER the SELL STOP LOSS on MSFT MICROSOFT CORP to the Red Line at $104.00.
LOWER the SELL STOP LOSS on XLK TECH FUND to the Red Line at $71.67.
LOWER the SELL STOP LOSS on VLO VALERO ENERGY to today’s Low of $111.16, as VLO is back down in the Green Zone.
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.
Leave a Reply
You must be logged in to post a comment.