Markets were down slightly today on normal profit taking and low holiday Volume. The S&P 500 Index is over-bought and in the Red Zone (probably too high to Buy for the Short Term).
Bonds finally dropped some on stronger Employment data, but are Way Above the Green Line.
Please be patient and WAIT for the Money Wave Buy signals below.
Crude Oil was up $0.25 today at $57.60.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 7/05/2019 NONE TODAY
No Long Term Buys for this week. Please be patient.
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
GBTC GRAYSCALE BITCOIN TRUST Money Wave must Close in the Green Zone.
GFI GOLD FIELDS LTD. Money Wave must Close in the Green Zone.
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 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.
HAVE A NICE WEEKEND!