Money Wave Alert! Jul 26, 2018

 

Markets  were mostly up again today, but the Tech stocks were down as FaceBook reported disappointing Earnings.  Amazon reports Earnings after the Close today. Many Traders don’t want to Sell before AMZN news and the GDP report on Friday.

Most recent Money Wave Buys are NOT POPPING well, indicating an Over-Bought Market. Money Wave Pops are better when the entire Markets pull-back down into the Green Zones.

Please be patient and WAIT for the Leaders to return back down to their Green Zones, for more Money Wave Buy Signals. 

Crude Oil  was up today at  $69.60. 

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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    

 

FOXA    21st CENTURY FOX     Money Wave Buy today (2nd Buy). Place Sell Stop Loss below the Red Line of $44.59.

 

LULU    LULULEMON ATHLETICA    Money Wave Buy today.   LULU will not be logged, as the Volume is below Average.

UAA    UNDER ARMOUR      Money Wave Buy today.   UAA will not be logged, as it is already up 5% today, and it is 9.5% above yesterday’s Support.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys soon for:  

ECYT    ENDOCYTE, 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).

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SELLS TODAY    

 

EXIT    SRPT    SEREPTA THERA.    if it is going to Close below Support of $125.75.  This trade was not logged.

 

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.