Money Wave Alert Mar 19, 2019

 

Markets “Gapped Up” this morning on panic Buying, but then Selling finally came in later.  The S&P 500 Index 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 down $0.10  today at  $59.00 

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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    

 

VHC   VIRNET X HOLDING    Money Wave Buy today.  VHC will not be logged as it is already up 11% today, and  the Volume is below average.

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.)    

 

AMRN    AMARIN CORP.
    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.    

GDX   GOLD MINING INDEX    Money Wave must Close in the Green Zone. 

KL    KIRKLAND LAKE GOLD     

  
    
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    PBR    PETROBRAS ENERGY    on the Close today, or have a tight Sell Stop below it. We will try to Buy again lower.   

 

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.