Markets were down today as Earnings from some larger Companies were disappointing. The S&P 500 Index is struggling again to stay above the Pink Line (10-day avg.) at 3000. There was no good follow thru Buying from yesterday’s High.
New Subscribers, please be patient as the recent Market pull-backs have been tiny, so the Money Wave pops up are small. Eventually there will be some Bad News and then patient Investors can Buy in at better prices. We like to Buy on Bad News. Many New Investors don’t have the discipline to WAIT, and are getting fully invested before next week’s probable FED Rate Cut (Good News).
Crude Oil was up $0.25 today at $56.13.
______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 7/25/2019
VEEV VEEVA SYSTEMS Money Wave Buy today. VEEV will not be logged as the Volume is below average.
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.)
AVP AVON PRODUCTS
PG PROCTOR & GAMBLE
SPWR SUNPOWER CORP.
WMT WALMART 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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
______________________________________________________________________________________
SELLS TODAY
EXIT BRFS BRF SA if it is going to Close below your Buy Price, or $8.84. 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.
Leave a Reply
You must be logged in to post a comment.