Markets were mixed today on profit taking and lower Volume… Not much Selling, but Buyers are waiting for better prices. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2843.
Please be patient and WAIT for more Investments to return to their Green Zones for Money Wave Buys again. Recent Good News might cause some profit taking by Smart Money who bought on the Bad News.
Crude Oil was down $0.01 today at $53.27. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/11/2019 NONE TODAY
AC.TO AIR CANADA (Toronto TSE) We do not log Foreign Investments.
RMAN.IN RELIANCE NIPPON LIFE (India NSE) We do not log Foreign Investments.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
ARQL ARQUIL, INC.
HEXO HEXO CORP. (2nd Buy Signal soon) Medium Term Buy when it Closes Above the Red Line of $6.69.
SBGI SINCLAIR BROADCAST GROUP
NON US INVESTMENTS (These will not be logged.)
CASP.L CASPIAN SUNRISE PLC (London LSE)
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).
EXIT XLU UTILITIES FUND if it is going to Close below the Pink Line around $$59.12.
LOWER the Sell Stop Loss on ZIXI ZIX CORP. to $8.00 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.