Markets were down slightly today on below average Volume. The Leaders and the S&P 500 Index are slowly returning back down to their Green Zones, as the Selling has been light.
Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.
Crude Oil was $0.05 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
TGNA TENGA, INC. Medium Term Buy today. Target is $15.75. EXIT if it is going to Close the Red Line of $13.15.
RCII RENT-A-CENTER Money Wave Buy today. RCII will not be logged as 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.
ANF ABERCROMBIE & FITCH
CGC CANOPY GROWTH Money Wave must Close in the Green Zone.
CHGG CHEGG, INC.
CRON CRONOS GROUP
FBP FIRST BANCORP
PBR PETROBRAS ENERGY 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 XLNX XILINX, INC. if it is going to Close below the Pink Line around $125.07.
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.