Markets were weaker today as some of the Major Indices were up in their Red Zones (probably too late to Buy for the Short Term).
Many Investors are sitting back and waiting on a rally, but not many Stocks are making New Highs lately.
Money Wave Pops have been weak (Over-bought Market), so please watch the Daily emails for Exits.
Crude Oil was up today at $72.20.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
CVNA CARVANA CO. Medium Term Buy today. Target is $73.00. Place Sell Stop Loss below the Red Line of $55.39 on the Close.
FDC FIRST DATA CORP. Money Wave Buy today. FDC will not be logged, as it is still Way Above the Green Line.
PBF PBF ENERGY Money Wave Buy today. PBF will not be logged, as the Volume is Below Average.
Money Wave Buys Signals Soon:
DRI DARDEN RESTAURANTS
ETSY ETSY, INC.
JWN NORDSTROM, INC.
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 $23.73 on the Close.
EXIT HEAR TURTLE BEACH CORP. if it is going to Close below your Buy Price, or $20.11 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.
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