Markets were up again today on low Volume. The DOW Index is trying to catch up with the others Indices, and the Techs have been weaker.
The Markets are not pulling back enough for decent Money Wave trades, as emotional Investor’s Greed won’t let them Sell.
Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy Signals.
Crude Oil was up today at $66.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
HEAR TURTLE BEACH CORP Money Wave Buy today. HEAR will not be logged as it is already up 6% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
NOV NAT’L. OILWELL VARCO Relative Strength is Below 90. ABORT.
Money Wave Buys soon for:
ARWR ARROWHEAD PHARM.
KDP KEURIG DR. PEPPER Buy when KDP Closes above the Pink Line.
PSX PHILLIPS 66
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).
SELLS TODAY NONE TODAY
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.