Markets “Gapped Up” today on panic Buying, as the DOW INDEX finally made it back up to the January Highs. The S&P 500 Index also made New Highs today, but the NASDAQ 100, Small Caps, NYSE and World Markets did not.
The Tech Stocks rebounded today, as some were down below their Green Lines.
The S&P 500 now has Support at the January High of 2872… Closing below that could be “Bearish”.
Crude Oil was down today at $70.20.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
AAPL APPLE, INC. Money Wave Buy today. Target is $230.00. Place Sell Stop Loss below recent Support of $215.30 on the Close.
SQ SQUARE, INC. Money Wave Buy today. Target is $93.00. Place Sell Stop Loss below recent Support of $83.33 on the Close.
HEAR TURTLE BEACH CORP. Money Wave Buy today. HEAR will not be logged, as it is already up 8% today. Maybe Buy around $18.25 soon.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
GERN GERON CORP. Relative Strength is Below 90.
JWN NORDSTROM, Inc.
PBF PBF ENERGY
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 $23.59 on the Close.
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.