Markets were up slightly today as the Markets are about 1/2 way back up to yesterday’s High. Volume is low as Buyers don’t have much News to react to, and Sellers don’t have a reason to exit.
Markets are over-bought again, as many Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).
Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil was up $0.20 today at $55.70.
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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
CGC CANOPY GROWTH Money Wave Buy today. CGC will not be logged as it is already up 5% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
AVGO BROADCOM, INC. Money Wave must Close in the Green Zone.
PBR PETROBRAS ENERGY
TNDM TANDEM DIABETICS 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).
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SELLS TODAY
EXIT DG DOLLAR GENERAL if it is going to Close below the Pink Line around $118.67. 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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