Markets were up slightly today after dropping down in the morning. The Leaders are coming down to their Green Zones for Money Wave Buys soon. Markets might have discounted the Trade News. The S&P 500 Index is down near the Red Line (50-day avg.) of 2860 and needs to bounce there to remain Bullish. The NASDAQ 100 INDEX (QQQ) and TECH Fund (XLK) are holding up better.
The Watch List below has grown, which normally means a rally is coming. Please WAIT for Money Wave Buy Signals from the Leaders.
Crude Oil was down $0.07 today at $61.65.
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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
AVGO BROADCOM INC. Money Wave Buy today. Target is $325.00. EXIT if it is going to Close below Support of $296.56.
QCOM QUALCOMM INC. Money Wave Buy today. Please be nimble here. Target is $92.00. EXIT if it is going to Close below Support of $82.26.
CRON CRONOS GROUP Money Wave Buy today. CRON will not be logged, as it is already up 6.5% today.
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.)
ANF ABERCROMBIE & FITCH Money Wave must Close in the Green Zone.
CGC CANOPY GROWTH Money Wave must Close in the Green Zone.
DIS WALT DISNEY CO. Buy if it Closes above $135.97 on High Volume.
EDU NEW ORIENTAL EDUCATION Money Wave must Close in the Green Zone.
FB FACEBOOK INC. Money Wave must Close in the Green Zone.
SMH SEMICONDUCTOR FUND
SNAP SNAP, INC.
XLK TECH FUND Money Wave must Close in the Green Zone.
XLY CONSUMER FUND Money Wave must Close in the Green Zone.
YUMC YUM CHINA HOLDINGS
NON US INVESTMENTS (These will not be logged.)
RECLTD.IN RURAL ELECTRIFICATION CORP. (India NSE)
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 KL KIRKLAND LAKE GOLD if it is going to Close below your Buy Price, or $33.16.
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.
HAVE A NICE WEEKEND!
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– (QQQ)