Markets were down again today as the Leaders and Indices were near Highs and over-bought for the Short Term. The S&P 500 Index went down near the Pink Line (10-day avg. ) of 3352 and bounced up to avoid a Short Term Sell Signal. The Semiconductors were weak today (please see Sell Signals below).
Most Leaders & Indices are currently back up near the Red Zones (probably too late to Buy for the Short Term). Please WAIT for these to return to their Green Zones for Money Wave Buy Signals. It does not take that long.
The best trades are when the S&P 500 Index is ALSO on the Green Zone,
Bonds were up again today.
Crude Oil was down $0.03 today at $52.02.
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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 2/18/2020 NONE TODAY
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.)
NONE TODAY
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BX BLACKSTONE GROUP Money Wave must Close in the Green Zone.
LLY ELI LILLY & CO. Money Wave must Close in the Green Zone.
NK NANTKWEST INC. (Click link for info)
TRIL TRILLIUM THERA. Buy if it Closes Above $3.92 on High Volume.
TSG THE STARS GROUP Buy if it Closes Above $24.16 on High Volume.
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
BMY BRISTOL MEYERS EXIT if it is going to Close below the Pink Line around $66.27.
BLDP BALLARD POWER SYSTEMS is up 9.5% today and has met the Target of $12.00 for a 20% Gain. This trade was not logged.
INTC INTEL CORP. EXIT if it is going to Close below the Pink Line around $66.73. This trade was not logged.
MAXR MAXAR TECH EXIT if it is going to Close below the Pink Line around $17.85. This trade was not logged.
PLUG PLUG POWER is up 11% today and has met the Target of $5.00 for a 21% Gain. This trade was not logged.
SWKS SKYWORKS SOLUTIONS EXIT if it is going to Close below the Pink Line around $118.39. This trade was not logged.
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW! TOP 100 LIST Updated Jan 28, 2020
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).
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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