Markets were down slightly today on very low Volume. There was no big News so the S&P 500 has stalled at the Red Line (50-day avg.) of 2925. The Markets need to do a “W” pattern back up to the Highs to remain Bullish. The Trade War must be resolved soon.
Please be patient and WAIT for the Leaders to pop out of the Green Zones for Money Wave Buy Signals.
Bonds were up slightly today, and are Way Above the Green Line.
Crude Oil was unchanged today at $56.14.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 8/20/2019
TTD TRADE DESK INC. Money Wave Buy today. Target is $295.00. EXIT if it is going to Close below $239.01.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
ARQL ARQULE INC. Medium Term Buy when it Closes above the Red Line of $9.32.
AVP AVON PRODUCTS
DBD DIEBOLD NIXDORF INC.
IOVA IOVANCE BIO Medium Term Buy when it Closes above the Red Line of $21.63.
SNAP SNAP INC. Money Wave must Close in the Green Zone.
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).
COTY COTY INC. LOWER the Sell Stop Loss down to $8.50 until it bottoms.
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.