Money Wave Alert! Mar 5, 2019

 

Markets were mixed today as many Investors don’t have a reason to Sell after yesterday’s drop. Support on the  S&P 500 is 2764.

The Leaders are quickly coming down from the Red Zones for Money Wave Buy Signals soon.

Please be patient and WAIT for Money Wave Buy Signals.

Crude Oil was up $0.15  today at  $56.65. 

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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   

AMD    ADVANCED MICRO     Money Wave Buy today. Target is $27.00. Sell if it is going to Close below recent Support of $22.27. 

EWZ   BRAZIL FUND    Money Wave Buy today. Target is $46.50. Sell if it is going to Close below recent Support of $41.85.

GDX   GOLD MINING FUND    Money Wave Buy today. Target is $25.00. Sell if it is going to Close below recent Support of $21.40.

 

Money Wave Buys Signals Soon:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

AU    ANGLOGOLD LTD.      

CROX     CROCS CORP.   (2nd Buy Signal soon)

GFI    GOLF FIELDS LTD.    

ITUB    ITAU UNIBANCO     Medium Term Buy soon     

PBR     PETROBRAS ENERGY  (2nd Buy Signal soon).     

WDAY     WORKDAY 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    

 

LOWER    I    INTELSAT GLOBAL    Sell Stop Loss to $16.0o for a while as it got whacked on Bad News today. Try to EXIT on a rally up to around $22.00.    

 

EXIT    NVTA    INVITAE CORP.    if it is going to Close below the Pink Line around $19.64.  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.