Markets were mixed today but had a rebound off of this morning’s Lows. Markets are very Over-Sold on the Short Term. The Leaders & Tech Stocks are starting back up out of the Green Zones for Money Wave Buys. The Watch List of Money Wave Buys has grown large, and the S&P 500 Index is also in the Green Zone (normally a better time to Buy the Leaders).
Bonds were up slightly again on Trade Fears.
Crude Oil was down $1.10 today at $52.10.
______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 8/7/2019
PG PROCTOR & GAMBLE Money Wave Buy today. Target is $122.00. EXIT if it is going to close below Support of $112.68.
PLAN ANAPLAN INC. Money Wave Buy today. Target is $61.00. EXIT if it is going to close below Support of $52.29.
WMT WALMART INC. Medium Term Buy today. Target is $115.00. EXIT if it is going to close below Support of $105.59.
TSS TOTAL SYSTEMS SERVICES Money Wave Buy today. TSS will not be logged, as it is already up 2.90 % today, and the Volume is below average.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
ARQL ARQULE INC.
COUP COUPA SOFTWARE Money Wave must Close in the Green Zone.
SKX SKECHERS USA Relative Strength is Below 90.
SMAR SMARTSHEET INC. Medium Term Buy when it Closes above the Red Line of $48.96.
SMH SEMICONDUCTOR FUND Relative Strength is Below 90.
SNAP SNAP INC. Money Wave must Close in the Green Zone.
TER TERADYNE INC. TSS TOTAL SYSTEMS SERVICES
XLK TECH FUND Relative Strength is Below 90.
XLP CONSUMER STAPLES FUND Relative Strength is Below 90.
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).
______________________________________________________________________________________
SELLS TODAY
DIS WALT DISNEY CO. EXIT if it is going to close below Support of $137.03. Sorry that weak Earnings blew this trade.
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.