Markets were down today as the S&P 500 Index fell below the Pink Line (10-day avg.) for a Short Term Sell Signal. Now the S&P 500 is
coming back down to the Green Zone for a Money Wave Buy Signal soon. Many like to Buy on a bounce at the Red Line (50-day avg.)
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 up again today on FEAR, but are Way Above the Green Line.
Crude Oil was down $1.45 today at $57.19.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/24/2019 NONE TODAY
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
ALLY ALLY FINANCIAL
KAR KAR AUCTION SERVICES
MGI MONEY GRAM INC.
MU MICRON TECH Money Wave must Close in the Green Zone.
ROKU ROKU INC.
SHOP SHOPIFY INC. Back down in the Green Zone for another Money Wave Buy soon.
SMH SEMICONDUCTOR FUND
WDC WESTERN DIGITAL CORP.
WU WESTERN UNION CO. Relative Strength is Below 90.
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. Change to Long Term (Sell Stop Loss Below the Green Line of $254.09) until it bottoms. Relative Strength is still 98.
TWTR TWITTER INC. EXIT if it is going to Close below your Buy Price, or $43.24.
ARDX ARDELYX INC. EXIT if it is going to Close below your Buy Price, or $5.17. This trade was not logged
AYX ALTERYX INC. EXIT if it is going to Close below your Buy Price, or $117.33. 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.