Markets were down today as the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines (10-day avgs.)
Momentum traders are rotating into fewer stocks, and the list is becoming very narrow.
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 $70.20.
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:
CTL CENTURY LINK Money Wave must Close in the Green Zone.
HEAR TURTLE BEACH CORP.
I INTELSAT GLOBAL
KDP KEURIG DR. PEPPER Buy when KDP Closes above the Pink Line.
XRT RETAIL INDEX 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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT ACXM ACXIOM CORP. if it is going to Close below the Pink Line around $45.19. This trade was not logged.
EXIT ARWR ARROWHEAD PHARMA. if it is going to Close below your Buy Price, or $14.39. This trade was not logged.
LOWER the Sell Stop Loss on CTL CENTURY LINK INC. to the Red Line of $20.02. CTL is almost back down in the Green Zone again with 94 Relative Strength. This trade was not logged.
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.