Markets were mixed today, but the DOW INDEX was higher as it is still not back up to the January Highs. The Strongest Leaders need to make New Highs soon for the rally to continue.
The S&P 500 has Support at the January High of 2872… Closing below that could be “Bearish”. The Markets should attempt to re-test the recent Highs soon.
Crude Oil was up today at $71.20.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
FNKO FUNKO CORP. Money Wave Buy today. FNKO will not be logged as the Volume and lift-off are not great today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
AAPL APPLE, INC.
GERN GERON CORP.
HEAR TURTLE BEACH CORP.
SQ SQUARE, INC.
TNDM TANDEM DIABETES Money Wave must Close in the Green Zone.
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 KDP KEURIG DR. PEPPER if it is going to Close below the Pink Line around $23.53 on the Close.
EXIT TEAM ATLASSIAN CORP. if it is going to Close below the Pink Line around $90.28 on the Close. 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.