Markets were down today as Interest Rates tanked on Slow Growth Fears. The S&P 500 Index might Close below last week’s Support of 2817. That could be Bearish.
Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.
Crude Oil was down $1.00 today at $59.00.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY NONE TODAY
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
CHGG CHEGG, INC.
FBP FIRST BANCORP
TGNA TENGA, INC. 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).
CHANGE CIEN CIENA CORP. to a Long Term Hold (Sell Stop Loss Below the Green Line of $32.09) as the Weekly Money Wave is back down in the Green Zone.
EXIT CROX CROCS, INC (Short Term Buy only) if it is going to Close below your Buy Price, or $25.37.
EXIT VHC VIRNEX X HOLDING if it is going to Close below your Buy Price, or $5.87. This trade was not logged.
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.
HAVE A NICE WEEKEND!