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December 18, 2017

Money Wave Alert! Dec 18, 2017

INTC Chart
Intel Corp. has finally turned back up.

 

Markets “Gapped Up” again today  on the Tax Cut news later this week. The  DOW and S&P 500 were able to make new Highs again today.

Most Leading Investments are in the Red Zone (probably too late to Buy for the Short Term). Please have Sell Stops below recent Short Term purchases.

When the Markets pull-back, try to Buy Investments that recently made new Highs. 

Crude Oil  is down today at $57.15.

_____________________________________________________________________________________

Money Wave Buys soon!  
The Following Investments will probably have a Money Wave Buy Signal 
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY            

DG    DOLLAR GENERAL    Money Wave Buy today.  We will not log DG, as the Volume is below average.

 

Money Wave Buys soon:   

GRPN    GROUPON INC.     

IGT    INT’L, GAME TECH.
JUNO   JUNO THERA. INC.

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).

______________________________________________________________________________________

SELLS TODAY       

 

EXIT   MNKD    MANNKIND CORP.  if it is going to Close Below Support of $2.78.

 

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.

Posted By AbovetheGreenLine at 2:41 pm 2 Comments

Comments

  1. Duanega says

    December 19, 2017 at 2:30 pm

    Ask Miss Tammy what do we do with Trxc
    Now. HaHa

    Log in to Reply
    • AbovetheGreenLine says

      December 19, 2017 at 3:04 pm

      Looks like Tammy is not totally FLUSHED out yet…

      Log in to Reply

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Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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