Money Wave Alert! Aug 30, 2018

 

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. 

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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   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).

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SELLS TODAY    

 

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.