Emotional Investors are Buying as if the Markets will never go down again… They are afraid they will miss out, and their GREED forces them to Buy Way Above the Green Line. They don’t have a road map. (just emotions). All Investments eventually return to their Green Line when the temporary Emotions die off.
Markets “Gapped Up” today as the S&P 500 bounced up off the Pink Link (10-day avg.) of 3105. The S&P 500 Index is slightly higher than last week’s high of 3128, at 3130.
The Markets are on Highs , but there are some quick Money Wave Buy Signals today. Be careful if you Buy.
Conservative Investors, please be patient and WAIT. The Low Volume lately represents Low Buying Conviction … We need a bigger pull-back, and it will come. Best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were up slightly today but they are up in the Red Zone.
Crude Oil was up $0.30 today at $58.07.
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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 11/25/2019
CROX CROCS INC. Money Wave Buy today. CROX will not be logged as the Volume is below the average of 1.6 Mil.
GNC GNC HOLDINGS Money Wave Buy today. GNC will not be logged as the Volume is below the average of 1.4 Mil.
ITB HOME BUILDING INDEX Money Wave Buy today. ITB will not be logged as the Volume is below the average of 2.4 Mil.
LEG LEGGETT & PLATT Money Wave Buy today. LEG will not be logged as the Volume is below the average of 1.4 Mil.
SMH SEMICONDUCTOR FUND Money Wave Buy today. SMH will not be logged as the Volume is below the average of 4.0 Mil.
TER TERADYNE INC. Money Wave Buy today. TER will not be logged as the Volume is below the average of 2.1 Mil.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates (NEW): (Buy Signal should be very soon… Click on the Jump Start link for more info.)
NONE TODAY
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QCOM QUALCOMM CORP. Relative Strength is Below 90.
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 NONE TODAY
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.