Markets “Gapped Up” this morning on Good News about China Trade. The Indices had nice bounces up off the Pink Lines (10-day avgs.) and now they need to make Higher Highs soon for the rally to continue.
Bonds are pulling back some on the positive Economic news, and are Way Above the Green Line.
Please be patient and WAIT for the Money Wave Buy signals below.
Crude Oil was up $0.75 today at $59.20. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 7/01/2019 NONE TODAY
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
CIEN CIENA CORP.
ROKU ROKU INC.
TWLO TWILIO Buy when it is going to Close above the Pink Line of $139.74.
XLRE REAL ESTATE FUND Buy if it is going to Close above $37.00 on High Volume.
XLU UTILITIES FUND
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 AVGO BROADCOM INC. on the Close today, or have a tight Sell Stop Loss below it.
LOWER the Sell Stop Loss on COTY COTY, INC. to today’s Low of $10.86 until it bottoms. COTY had some negative news today… We will try to Sell it around $12.50.
EXIT GBTC GRAYSCALE BITCOIN TRUST if it is going to Close below the Pink Line around $13.79. This trade was not logged.
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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