Markets were down again today, but the S&P 500 went down to the Support of 2872 and Bounced. Now the Buying must come in, or Traders could become Frustrated.
The Strongest Leaders are finally correcting down enough for better Money Wave Buys soon. (The list is large now).
Bond prices have dumped as Bonds are finally worried about a stronger Economy and Inflation. The 30 year T-Bond Yield rose to a New High of 3.42% Rate today.
Crude Oil was up today at $74.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
AMD ADVANCED MICRO Money Wave Buy today. Target is $34.25. Place Sell Stop below recent Support of $26.54 on the Close.
VKTX VIKING THERA. Money Wave Buy today. Target is $21.00. Place Sell Stop below recent Support of $14.78 on the Close.
Money Wave Buys Signals Soon:
CRON CRONOS GROUP
LOW LOWES CO.
P PANDORA MEDIA
ROKU ROKU INC.
TEAM ATLASSIAN CORP.
TNDM TANDEM DIABETES
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT AAPL APPLE, INC. if it is going to Close below the Pink Line around of $225.51.
EXIT KKR KKR & CO. LP. if it is going to Close below your Buy Price, or $27.52. 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.
HAVE A NICE WEEKEND!
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