Markets were mixed today as the S&P 5oo Index has stalled out around the May High of 2954, which is normal. The S&P needs to Close above there on heavy Volume for more Buying to come in. It has Support on the Red Line (50-day avg.) of 2866.
Most of the Leaders were over-bought and are coming down from the Red Zones (probably too late to Buy for the Short Term).
Please be patient and WAIT for more Investments to return to their Green Zones for Money Wave Buys again.
Crude Oil was up $0.15 today at $57.60. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 6/24/2019 NONE TODAY
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
COTY COTY, INC.
MTCH MATCH GROUP Money Wave must Close in the Green Zone.
UAA UNDER ARMOUR 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).
EXIT CIEN CIENA CORP. if it is going to Close below your Buy Price, or $43.30.
LOWER the Sell Stop Loss on HEXO HEXO CORP. to $5.30 on the Close.
EXIT CVNA CARVANA CO. if it is going to Close below your Buy Price, or $63.20. This trade was not logged.
EXIT TWLO TWILIO INC if it is going to Close below the Pink Line around $142.40. 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.
Leave a Reply
You must be logged in to post a comment.