Markets were up again today as the FED basically said that they will do what is necessary to keep the Economy expanding. The FED did not Lower the Fed Funds rate today, but are expected to at the July meeting.
The S&P 5oo Index has 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 down $0.01 today at $53.90. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/19/2019
AMD ADVANCED MICRO Medium Term today. Target is $35.00. EXIT if it is going to Close below the Red Line of $28.46.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
CRON CRONOS GROUP Medium Term Buy when it Closes above the Red Line of $16.21.
TGT TARGET CORP.
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 MTCH MATCH GROUP if it is going to Close below the Pink Line around $71.25.
EXIT ITB HOME BUILDING FUND if it is going to Close below the Pink Line around $38.62. 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.