Money Wave Alert! Jun 12, 2018

 

Markets were mixed today as the Markets are waiting on the FED Meeting tomorrow. The Leaders are still holding above their Pink Lines (10-day avgs.) to avoid Short Term Sell Signals.  

The Strongest Leaders are back up in the Red Zones (probably too late to Buy for the Short Term), so Short Term Traders should be raising Cash soon.  

Crude Oil  was up today at $66.25.

 

Please be patient, and WAIT for the Leading Investments to return to the Green Zones for more Money Wave Buy Signals.

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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    

 

OKTA    OKTA INC.      Money Wave Buy today. Place Sell Stop Loss below recent Support of $49.12 on the Close.

 

Money Wave Buys soon for:

HRTX    HERON THERA.    

I    INTELSAT GLOBAL   

 

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    ETFC    E*TRADE FINANCIAL    if it is going to Close below the Pink Line around $64.54.

EXIT    NTNX      NUTANIX, INC.   on the Close, or have a tight Sell Stop Loss below it to capture a 10% Gain.

EXIT    SPLK        SPLUNK, INC.   on the Close, or have a tight Sell Stop Loss below it to capture a 6% Gain.

 

EXIT    TRXC    TRANS ENTERIX    if it is going to Close below your Buy Price, $3.69.  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.