Markets were mixed today after recovering from a drop this morning on low Volume. The S&P 500 Index closed below the Pink Line (10-day avg.) yesterday around 2994 and did not DUMP, so Buyers still have more Money. Maybe a re-test of the Highs soon.
New Subscribers, The Money Wave Buy signals work best when the S&P 500 Index is also down in the Green Zone (currently it is coming down from the Red Zone). If you are a newer Investor, then you might WAIT until the S&P 500 Index is also in the Green Zone before Buying other Money Wave Buy Signals.
Crude Oil was down $1.78 today at $55.00.
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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 7/18/2019
ARQL ARQULE INC. Money Wave Buy today. Target is $12.50. EXIT if it is going to Close below Support of $9.96.
BLL BALL CORP. Money Wave Buy today. BLL will not be logged, as it is already up 3% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
BRFS BRF SA
GBTC GRAYSCALE BITCOIN TRUST
SNAP SNAP INC.
SPWR SUNPOWER 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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY NONE TODAY
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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