Markets were down slightly today after rallying back up from a low this morning. The S&P 500 Index went almost down to the Red Line (50-day avg.) and bounced. The S&P 500 Index could be going up on Wave 5 of the move back up to the 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 up today but are well off the recent Highs.
Crude Oil was unchanged today at $56.49.
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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 9/26/2019
WDC WESTERN DIGITAL CORP. Money Wave Buy today. Target is $66.00. EXIT if it is going to Close below Support of $59.37.
MGI MONEY GRAM INC. Money Wave Buy today. MGI will not be logged as it is already up 6.6 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates (NEW): (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ATUS ALTICE USA
ROKU ROKU INC.
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KAR KAR AUCTION SERVICES Relative Strength is Below 90
MU MICRON TECH Money Wave must Close in the Green Zone.
SPWR SUN POWER 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 Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
ACST ACASTI PHARMA INC. EXIT if it is going to Close below the Red Line of $1.92. This trade was not logged.
ARDX ARDELYX INC. EXIT if it is going to Close below your Buy Price, or $5.17. This trade was not logged.
KGC KINROSS GOLD EXIT if it is going to Close below the Pink Line around $5.11. This trade was not logged.
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.
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