HAPPY THANKSGIVING TOMORROW. Markets will be Closed.
Markets were up slightly again today on low Holiday Volume. Markets usually have an upward bias on Holiday weeks, as Retail Investors Buy on emotions. The Indices are on Highs.
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 down slightly today as they are up in the Red Zone.
Crude Oil was down $0.77 today at $57.64.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 11/27/2019 NONE TODAY
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.)
TSLA TESLA INC.
CTL CENTURYLINK INC. Money Wave must Close in the Green Zone.
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).
CROX CROCS INC. EXIT if it is going to Close Below your Buy Price, or $35.06. This trade was not logged.
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.
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