Money Wave Alert! Oct 15, 2019

 

EARLY EDITION

Markets  were up nicely today as the S&P 500 Index is up over 1 %.  Next Resistance is the August Highs of 3028.

Please be patient and WAIT for the Leaders to come back down into the Green Zones for more Money Wave Buys soon. Many Leaders are up in the Red Zones (probably too late to Buy for the Short Term).

Bonds  were down today but should have a Money Wave Buy Signal soon.

Crude Oil was down $0.37 today at $53.03.

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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    10/15/2019   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.)  

AVP     AVON PRODUCTS     2nd Buy Signal soon.

LCI     LANNETT CO.

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IOVA     IOVANCE BIO       Medium Term Buy if it Closes above the Red Line of $19.95 on High Volume. 

PG     PROCTOR & GAMBLE    

TLT     US GOV’T BOND FUND

SWCH     SWITCH INC.     Buy if it Closes above $15.95 on High Volume.   

   

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   

 

GDX     GOLD MINERS FUND     EXIT if it is going to Close below Support of $26.51.  This trade was not logged.

 

Check   PORTFOLIO  (Open Positions) and adjust your Sell Stops.

Click for  CLOSED POSITIONS.

NEW! TOP 100 LIST

 

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.