Markets were down slightly today as the Bonds continued higher on Economic weakness fears. Bonds are back up in the Red Zone (probably too late to Buy for the Short Term) and the S&P 500 Index is almost back down to the Green Zone.
Many of the Leaders are slowly returning back down to their Green Zones for Money Wave Buy Signals soon.
Crude Oil was down $0.60 today at $59.60.
__________________________________________________________________________________________________
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.)
AMRN AMARIN CORP.
CGC CANOPY GROWTH
PBR PETROBRAS ENERGY
TNDM TANDEM DIABETICS
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).
______________________________________________________________________________________
SELLS TODAY
LOWER the Sell Stop Loss on CRON CRONOS GROUP to $17.00 on the Close. We will try to Sell around $20.50.
EXIT WDAY WORKDAY INC. if it is going to Close below the Pink Line around $190.71. 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.
Leave a Reply
You must be logged in to post a comment.