Markets were higher today on more Stampede Buying from the Good News of the China Trade Deal. Emotions are very High now, so be cautious.
Most of the Leaders are very over-bought so expect some profit taking soon. The Leaders are up in the Red Zones (probably too late to Buy for the Short Term).
Short Term Traders please WAIT for the Leaders to return to their Daily Green Zones and Money Wave Buy Signals soon. The best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were down today as Equities rose.
Crude Oil was up $0.17 today at $60.24.
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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 12/16/2019
ACAD ACADIA PHARMA. Money Wave Buy today. ACAD will not be logged, as it is already up 4 % today.
BDSI BIODELIVERY SCIENCES Money Wave Buy today. BDSI will not be logged, as the Volume is below average of 1.4 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
APPS DIGITAL TURBINE INC.
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RH RESTORATION HARDWARE
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
GNC GENERAL NUTRITION CORP. EXIT if it is going to Close below the Red Line of $2.73.
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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