Markets were down again today as the Indices are dropping back near their Red Lines (50-day avgs. for Buy Signals soon. The S&P 500 Index Closed below the Pink Line (10-day avg.) of 3121 yesterday to create a Short Term Sell Signal.
Please be patient and WAIT for the Leaders to return to their Green Zones and Money Wave Buy Signals soon. The Watch List is finally getting larger.
The best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were up today on FEAR as Equities dropped.
Crude Oil was up $0.31 today at $56.37.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 12/03/2019 NONE TODAY
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
AMKR AMKOR TECH
TGT TARGET CORP.
CI CIGNA CORP.
CTL CENTURYLINK INC. Money Wave must Close in the Green Zone.
EWT TAIWAN FIND
INTC INTEL CORP. Money Wave must Close in the Green Zone.
PSX PHILLIPS 66
SMH SEMICONDUCTOR FUND Money Wave must Close in the Green Zone.
WU WESTERN UNION CO. 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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
GNC GNC HOLDINGS CHANGE to Medium Term (Sell Stop Loss below the Red Line of $2.70). This trade was not logged.
SWKS SKYWORKS SOLUTIONS EXIT if it is going to Close Below your Buy Price, or $97.84. This trade was not logged.
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.