Markets were slightly higher today on lower Volume. The S&P 500 Index now has Support at last week’s High of 2817. Closing below 2817 would be Bearish.
Many Leaders are back up to their Red Zones, so Short Term Investors should be raising Cash and checking their Sell Stops.
Crude Oil was up $0.52 today at $59.05
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
LLY ELI LILLY & CO. Money Wave Buy today. LLY will not be logged as the Volume is way below average.
ROKU ROKU INC. Money Wave Buy today. ROKU will not be logged as the Relative Strength is Below 90.
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.)
CGC CANOPY GROWTH Money Wave must Close in the Green Zone.
KL KIRKLAND LAKE GOLD
VHC VIRNET X HOLDING Money Wave must Close in the Green Zone.
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 AU ANGLOGOLD LTD. if it is going to Close below your Buy Price, or $13.40.
EXIT GDX GOLD MINING FUND if it is going to Close below your Buy Price, or $22.21.
LOWER the SELL STOP LOSS on I INTELSAT GLOBAL to $15.00 until it bottoms.
Please 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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