Markets were down again today on lower Volume and some unfavorable news. The FEAR is High, so probably a Stock Rally coming. Techs and Semiconductors were under pressure from Trade Fears.
The S&P 500 Index stalled up near Resistance of 2943 on Friday, and Sellers came in. Markets are back below their 50-day averages which is not Bullish. Markets are waiting for a Trade War resolution.
Bonds were mixed today and might have Double Topped. Bonds are Way Above the Green Line (Caution!).
Crude Oil was down $1.00 today at $54.10.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/03/2019 NONE TODAY
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
ENPH ENPHASE ENERGY
ACST ACASTI PHARMA Medium Term Buy when it Closes above $2.06.
IOVA IOVANCE BIO Medium Term Buy when it Closes above the Red Line of $21.20 on High Volume (above 1.5 mil).
NVTA INVITAE CORP. Medium Term Buy if it Closes above the Pink Line of $24.45.
PAYS PAYSIGN INC. Buy if it is going to Close above $13.84
PLAN ANAPLAN INC. Money Wave must Close in the Green Zone.
SE SEA LIMITED ADR Medium Term Buy if it Closes above the Red Line of $33.02.
SNAP SNAP INC. Buy if it Closes above $16.40 on High Volume.
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).
SELLS TODAY NONE TODAY
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.