Markets were higher today, as mostly better Earnings continued to come out. When the Markets quit popping up from good Earnings, a pull-back will normally begin. The S&P 500 has Support at the Pink Line of 2818 (10-day avg.).
Most Leading Funds are up near the Red Zones. Please wait for the Money Wave Indicators to return to the Green Zones.
When the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is up today at $66.18.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal
(Slow Stochastic Closing > 20) on today’s Close.
TWMJF CANOPY GROWTH CORP. Money Wave Buy today. We will not log TWMJF, as it is already up 8% today and might come back down next week.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
CANN GENERAL CANNABIS
HFC HOLLY FRONTIER CORP.
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).
SELLS TODAY NONE TODAY
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.
HAVE A NICE WEEKEND!