Markets were up again today on Good News Buying … Favorable info about China trade and it looks like many are waiting on the Fed meeting results tomorrow. The FED is expected to Lower the Fed Funds rate, but they might wait until the July meeting. The S&P 5oo Index should have Support on the Red Line (50-day avg.) of 2853.
Please be patient and WAIT for more Investments to return to their Green Zones for Money Wave Buys again.
Crude Oil was up $2.15 today at $54.10. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/18/2019
LSCC LATTICE SEMICONDUCTOR Money Wave Buy today. LSCC will not be logged as it is already up 4% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
AMD ADVANCED MICRO
CRON CRONOS GROUP Money Wave must Close in the Green Zone.
KTOS KRATOS DEFENSE Money Wave must Close in the Green Zone.
ZNGA ZYNGA, INC.
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).
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SELLS TODAY
EXIT FB FACEBOOK INC. on the Close today, or have a tight Sell Stop Below it. FB is up 18% from the recent Low, and was bought too early. We will try to Buy again lower.
EXIT PBR PETROBRAS ENERGY on the Close today, or have a tight Sell Stop Below it. We will try to Buy again lower.
EXIT XLU UTILITY FUND if it is going to Close below the Pink Line around $60.12.
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.
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