Markets were up today as Earnings were better than expected on some Companies. The S&P 500 Index is back above the
Pink Line (10-day avg.) so more Buyers are coming in. Maybe a re-test of the Highs this week.
The S&P 500 Fund went into a Money Wave Buy Signal yesterday for the Short Term.
Crude Oil was up $0.70 today at $56.92.
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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 7/23/2019
AMD ADVANCED MICRO Money Wave Buy today. Target is $35.50. EXIT if it is going to close below Support of $32.42.
SNAP SNAP INC. Money Wave Buy today. SNAP will not be logged, as it is already up 4.5 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
RCII RENT-A-CENTER
SPWR SUNPOWER CORP.
TEAM ATLASSIAN CORP.
XRX XEROX 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
EXIT ARQL ARQULE INC. if it is going to Close Below your Buy Price, or $10.60.
EXIT TLT US GOV’T. BOND FUND if it is going to Close Below the Pink Line around $131.24.
Lower the Sell Stop Loss on HEXO HEXO CORP. to $4.50 until it bottoms.
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.