Markets were down today as several Indices broke their Pink Lines (10-day avgs.) to create Short Term Sell Signals.
The S&P 500 is still fighting it out at the Pink Line of 2831 (10-day avg.).
As the Markets pull-back, try to Buy Investments that recently made new Highs.
Crude Oil is down today at $64.40.
_____________________________________________________________________________________
Money Wave Buys soon!
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 soon for:
CAA CAL ATLANTIC GROUP
CANN GENERAL CANNABIS
HFC HOLLY FRONTIER CORP.
ITB HOME BUILDING FUND
RIOT RIOT BLOCKCHAIN
RSX RUSSIA FUND
TRXC TRANSENTERIX, INC.
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
LOWER TRXC TRANSENTERIX, INC. Sell Stop Loss by 4 cents today’s Low to $1.77, as the Relative Strength is still 97, and TRXC is back in the Green Zone.
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.
Related Post
– CAA