Money Wave Alert! Jul 9, 2018

 

Markets were up again today as the Buying continued. Most of the Portfolio is back up in the Red Zones (probably too late to Buy for the Short Term) so consider taking some profit, and update your Sell Stop losses here:  PORTFOLIO

The Small Caps are back up to the Highs, with the other Indices lagging. 

Crude Oil  was up today at $74.05. 

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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    

 

UAA    UNDER ARMOUR, INC.    Money Wave Buy today. Place Sell Stop Loss below the recent Support of $21.74 on the Close.

 

TRXC    TRANSENTERIX, INC.    Money Wave Buy today.   TRXC will not be logged, as the Volume is below average today.

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

 

 

Money Wave Buys soon for:

ASNA    ASCENA RETAIL GROUP

KSS    KOHLS CORP.    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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY   

 

EXIT   AMD    ADVANCED MICRO    on the Close today, or have a tight Sell Stop Loss below it to Capture a 7% Gain.

EXIT   I    INTELSAT GLOBAL    on the Close today, or have a tight Sell Stop Loss below it to Capture a 8% Gain.

EXIT   SQ    SQUARE, INC.    on the Close today, or have a tight Sell Stop Loss below it to Capture a 7% Gain.

 

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.