Markets were down slightly today, but should have Support near the Pink Lines (10-day avgs.) Institutions seem to be moving some money from Momentum to Value this week… FEAR Trades Bonds and Gold are in the Green Zones for Money Wave Buys soon.
Bonds were down again today and might have a quick Money Wave Buy pop soon. Bonds are Way Above the Green Line (Caution!).
Crude Oil was down $0.33 today at $57.52.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/10/2019 NONE TODAY
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
AG FIRST MAJESTIC SILVER
ENPH ENPHASE ENERGY
AU ANGLOGOLD LTD.
GDX GOLD MINERS FUND
NG NOVAGOLD RESOURCES
SE SEA LIMITED ADR Medium Term Buy if it Closes above the Red Line of $32.67.
SHOP SHOPIFY INC.
SLV SILVER FUND
TLT US GOV’T. Bond Fund
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).
SNAP SNAP CHAT INC. CHANGE to Long Term (Sell Stop Loss below the Green Line of $12.59 until it bottoms).
EXIT AVP AVON PRODUCTS if it is going to Close below the Pink Line of $4.24. 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.