Markets were up slightly today on a very slow and low Volume day … Not much Selling, as the Strongest Leaders are holding up very well so far. Many are waiting on the Fed meeting next week. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2847.
Please be patient and WAIT for more Investments to return to their Green Zones for Money Wave Buys again.
Crude Oil was up $1.15 today at $52.50. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/13/2019
ARQL ARQUIL, INC. BUY today if it is going to Close above $6.44. Target is $8.00. EXIT if it is going to Close below Support of $5.83.
ICICIGI.IN LOMBARD GENERAL INS. (India NSE) Money Wave Buy today. We do not log Foreign Investments.
UJJIVAN.IN UJJIVAN FINANCIAL (India NSE) Money Wave Buy today. 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.)
KTOS KRATOS DEFENSE Money Wave must Close in the Green Zone.
SBGI SINCLAIR BROADCAST GROUP Buy if it is going to Close above the Pink Line of $52.47.
TLT LONG TERM T-BOND FUND Money Wave must Close in the Green Zone.
ZNGA ZYNGA, INC. Money Wave must Close in the Green Zone.
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).
______________________________________________________________________________________
SELLS TODAY
EXIT CGC CANOPY GROWTH (Short Term Buy only) if it is going to Close below the Pink Line around $41.57.
CHANGE HEXO HEXO CORP. to Long Term (Sell Stop Loss below the Green Line of $5.32 on the Close).
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.