Markets “Gapped Down” again today on Trade Fears. The S&P 500 Index coming down to the Red (50-day avg.) and should bounce up near there. The NASDAQ 100 INDEX (QQQ) and TECH Fund (XLK) are holding up better.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $0.85 today at $61.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
AVP AVON PRODUCTS Money Wave Buy today. Target is $3.41. EXIT if it is going to close below Support of $2.78.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
DIS WALT DISNEY Co. Buy if it Closes above $135.34 on High Volume.
EDU NEW ORIENTAL EDUCATION Money Wave must Close in the Green Zone.
TWLO TWILIO, INC. Money Wave must Close in the Green Zone.
XLY CONSUMER FUND Money Wave must Close in the Green Zone.
NON US INVESTMENTS (These will not be logged.)
ASHM.L ASHMORE GROUP (London LSE)
EVR.L EVRAZ (London LSE)
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).
EXIT CROX CROCS, INC. if it is going to Close below the Pink Line around $27.96.
EXIT EWH HONG KONG FUND if it is going to Close below the Red Line around $26.11.
CHANGE CIEN CIENA CORP. to Long Term (Sell Stop Loss is Below the Green Line of $33.39.
EXIT ANF ABERCROMBIE & FITCH if it is going to Close below the Pink Line around $29.43. This trade was not logged.
EXIT DBD DIEBOLD if it is going to Close below your Buy Price, or $10.94. This trade was not logged.
EXIT KEYS KEYSIGHT TECH.DIEBOLD if it is going to Close below your Buy Price, or $87.03. This trade was not logged.
EXIT SNAP SNAP CHAT if it is going to Close below the Pink Line around $11.25. 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.