Markets were up today on very low Volume. The S&P 500 is trying again to Close above 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 are slowing returning back down to their Green Zone, and are Way Above the Green Line.
Crude Oil was down $0.49 today at $55.64.
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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 8/21/2019
ARQL ARQULE INC. Medium Term Buy when it Closes above the Red Line of $9.32. ARQL will not be logged, as the Volume is way below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
LONG TERM TRADE: ZEN ZENDESK INC. is up above $78.87 Resistance, but the Volume is not great…
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates (NEW): (Buy Signal should be very soon… Click on the Jump Start link for more info.)
AVP AVON PRODUCTS
DBD DIEBOLD NIXDORF INC.
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IOVA IOVANCE BIO Medium Term Buy when it Closes above the Red Line of $21.57.
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).
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SELLS TODAY NONE TODAY
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.