Markets were down today as the Leaders are slowly returning back down to the Green Zones for Money Wave Buy Signals soon. The best trades usually happen when the S&P 500 Index is also coming up out of the Green Zone. Support on the S&P 500 is 2764.
Please be patient and WAIT for Money Wave Buy Signals.
Crude Oil was down $0.40 today at $56.20.
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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
WDAY WORKDAY INC. Money Wave Buy today. WDAY 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.)
AU ANGLOGOLD LTD.
AVP AVON PRODUCTS
CIEN CIENA CORP. Money Wave must Close in the Green Zone.
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 EWZ BRAZIL FUND Sell Stop Loss to $41.40 on the Close. EWZ is coming out of the Green Zone with 98 Relative Strength.
LOWER PBR PETROBRAS ENERGY Sell Stop Loss to $14.97 on the Close. PBR is in the Green Zone with 97 Relative Strength.
EXIT AVGO BROADCOM INC. if it is going to Close below your Buy Price or $275.36. This trade was not logged.
EXIT CGC CANOPY GROWTH if it is going to Close below the Pink Line around $46.07. This trade was not logged.
EXIT NVTA INVITAE CORP. if it is going to Close below the Pink Line around $19.76. 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.