INTRADAY NEWS ALERTS HAVE BEEN CANCELLED… SORRY!
Markets were up today after selling off this morning. The S&P 500 Index is struggling to stay above the Pink Line (10-day avg.) of 2999. The S&P 500
needs to make New Highs soon for this rally to continue. Many Investors are reluctant to Buy with the Indices back up near Highs.
Please WAIT for the Leaders to return to their Green Zones, and the best trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were down slightly today, and the 7 day rally has been weak so we will try to Buy TLT lower later this week.
Crude Oil was up $0.33 today at $58.42.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/23/2019 NONE TODAY
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
WU WESTERN UNION CO.
ALLY ALLY FINANCIAL
KAR KAR AUCTION SERVICES
MGI MONEY GRAM INC.
ROKU ROKU INC.
SHOP SHOPIFY INC. Back down in the Green Zone for another Money Wave Buy soon.
WDC WESTERN DIGITAL CORP.
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).
SHOP SHOPIFY INC. Lower the Sell Stop Loss to $302.57 Support until it bottoms.
IOVA IOVANCE BIO. EXIT if it is going to Close below $19.14. 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.