Markets were down today as the Leaders are coming down to their Green Zones for Money Wave Buys soon. Many are waiting on Trade News tomorrow. The S&P 500 Index is down near the Red Line (50-day avg.) of 2860 and should bounce up near there. 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 $0.55 today at $61.58.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
TWLO TWILIO, INC. Buy if it Closes above $132.94 on High Volume. Target is $143.00. EXIT if it is going to Close below Support of $126.75.
TITAN.IN TITAN CO. (India NSE) Money Wave Buy today. Foreign Investments will not be logged.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
CGC CANOPY GROWTH Money Wave must Close in the Green Zone.
CRON CRONOS GROUP
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.
EWH HONG KONG FUND Medium Term Buy soon. Buy if it is going to Close above the Red Line of $26.10.
QCOM QUALCOMM INC.
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.
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).
CHANGE MRVL MARVELL TECH to Medium Term (Sell Stop below the Red Line of $22.29).
DBD DIEBOLD was Stopped Out yesterday at $10.93. 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.