Markets were down slightly today on profit taking and lower Volume… Not much movement or Selling, as Buyers are waiting for better prices. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2845.
Please be patient and WAIT for more Investments to return to their Green Zones for Money Wave Buys again.
Crude Oil was down $2.15 today at $51.15. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/12/2019 NONE TODAY
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 $6.68.
KTOS KRATOS DEFENSE Money Wave must Close in the Green Zone.
SBGI SINCLAIR BROADCAST GROUP
TLT LONG TERM T-BOND FUND Money Wave must Close in the Green Zone.
NON US INVESTMENTS (These will not be logged.)
CASP.L CASPIAN SUNRISE PLC (London LSE)
ICICIGI.IN LOMBARD GENERAL INS. (India NSE)
UJJIVAN.IN UJJIVAN FINANCIAL (India NSE)
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 MRVL MARVELL TECH if it is going to Close below your Buy Price, or $24.43. This trade was not logged.
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.