Money Wave Alert! Sep 24, 2018

 

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.

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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY   

 

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).

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SELLS TODAY   

 

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.