Markets were down today on lower Volume as the S&P 500 Index failed again to get up above the Pink Line (10-day avg.) this morning and bring
in more Buying. Now the S&P 500 needs to hold at the Red Line (50-day avg.) around 2952. The Tech stocks have been under a lot of
pressure, and some are very over-sold.
Bonds were up slightly today but are well off the recent Highs.
Crude Oil was down $0.59 today at $55.82.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/27/2019 NONE TODAY
THERE WILL BE NO LONG TERM TRADES THIS WEEK.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
ATUS ALTICE USA
IAU GOLD FUND
MU MICRON TECH Relative Strength is Below 90
ROKU ROKU INC. Relative Strength is Below 90
SLV SILVER FUND
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).
AG FIRST MAJESTIC SILVER This slipped below the Sell Stop last night on the Close so we Stopped out at $9.90. Sorry for no email notification.
BRFS BRAZIL FOODS SA EXIT if it is going to Close below your Buy Price, or $9.32.
SMH SEMICONDUCTOR FUND EXIT if it is going to Close below Support of $116.67.
SNAP SNAP INC. EXIT if it is going to Close below the Red Line of $15.95. (Changed to Medium Term today.)
GDX GOLD MINER FUND This slipped below the Sell Stop last night on the Close so we Stopped out at $28.11. Sorry for no email notification.
This trade was not logged.
LSCC LATTICE SEMI EXIT if it is going to Close below Support of $18.70. 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.
HAVE A NICE WEEKEND!