Markets dropped down to the Pink Lines (10-day avgs.) this morning and bounced. Closing below the Pink Lines would have created Short Term Sell Signals. Now the Markets should try to go back up and make Higher Highs. These tiny pull-backs mean that Buyers are still getting in, but they are Buying Way Above the Green Lines. Eventually some Bad News will take the Leaders back down to their Green Zones for Buy Signals.
Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy Signals.
Crude Oil was down today at $69.35.
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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
I INTELSAT GLOBAL Money Wave Buy today. Target is $25.21. Place Sell Stop below the Support of $21.54 on the Close.
Money Wave Buys soon for:
CTL CENTURY LINK Money Wave must Close in the Green Zone.
DDD 3D SYSTEMS CORP. Money Wave must Close in the Green Zone.
HEAR TURTLE BEACH CORP.
KDP KEURIG DR. PEPPER Buy when KDP Closes above the Pink Line.
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 NONE TODAY
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.
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– CTL