Markets “Gapped Up” this morning and then faded near the Close on low Volume. Many of the Leaders are having very low Volume as they slowly return back down to their Green Zones.
Please be patient and WAIT for the Leaders to return back down to their Green Zones, for Money Wave Buy Signals.
Crude Oil was up $1.10 today at $60.00.
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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
ANF ABERCROMBIE & FITCH Money Wave Buy today. Target is $27.50. EXIT if it is going to Close below Support of $24.43.
CRON CRONOS GROUP Money Wave Buy today. Target is $25.00. EXIT if it is going to Close below Support of $19.22.
CHGG CHEGG, INC. Money Wave Buy today. CHGG will not be logged as the Volume is below average.
FBP FIRST BANCORP Money Wave Buy today. FBP 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.
CGC CANOPY GROWTH
PBR PETROBRAS ENERGY
TTD TRADE DESK 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).
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SELLS TODAY
EXIT AVP AVON PRODUCTS or have a tight Sell Stop Loss below it, to capture a nice 18% Gain. We will try to buy again lower.
EXIT CYH COMMUNITY HEALTH if it is going to Close below the Green Line of $4.19. 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.
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