Markets were up again today and the S&P 500 was able to make it back up to the January Highs. It would be much more “Bullish” if the Volume was high. The S&P 500 is at Resistance. If you are nervous and have some profits, and you might want to capture some soon.
The Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).
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 today at $65.75.
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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
PSX PHILLIPS 66 Money Wave Buy today. PSX 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:
ARWR ARROWHEAD PHARM.
KDP KEURIG DR. PEPPER Buy when KDP Closes above the Pink Line.
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).
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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.
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