
So much for the “W” pattern back up!
Markets dumped down again today on Economic Slow Down Fears. The Markets are warning the FED not to Raise Rates this month, and telling Trump to get a China Trade Deal soon.
The S&P 500 needs to hold Support around 2600 and bounce. The Techs are holding up better this time down, along with FAANG stocks AMZN & GOOGL.
The two Inverse Funds in the PORTFOLIO (EUM & RWM) could get whacked if the Markets bounce here at Support. So “Don’t Take a Loss” on them.
Please be patient and WAIT for Green Zone Money Wave Buy Signals below.
Crude Oil was down $1.30 today at $51.60.
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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 Signals Soon:
ENDP ENDO PHARMA Place Buy Stop Order above $13.02.
I INTELSAT GLOBAL 2nd Buy Signal soon.
NIHD NII HOLDINGS Medium Term Buy soon.
VSLR VIVINT SOLAR
VZ VERIZON COMM.
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
LOWER SELL STOP LOSS on CGC CANOPY GROWTH to today’s Low of $28.10 on the Close until it bottoms.
EXIT TNDM TANDEM DIABETES if it is going to Close below the Pink Line around $34.89. 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.
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