Markets were down again today after struggling at the Pink Lines (10-day avgs.) The Tech Stocks are weaker, and might Close below the Pink Lines to create Short Term Sell Signals. Still looks more like the Markets should try to go back up and test the recent Highs.
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 $68.85.
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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
KDP KEURIG DR. PEPPER Money Wave Buy today IF it Closes above the Pink Line of $23.00. Target is $25.25. Place Sell Stop below the Support of $22.51 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.
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
EXIT MSFT MICROSOFT CORP. if it is going to Close below the Pink Line around $109.96.
EXIT XLK TECH FUND if it is going to Close below the Pink Line around $74.79.
LOWER the Sell Stop Loss on I INTELSAT GLOBAL to the RED Line of $20.79 on the Close.
EXIT ACXM TECH FUND if it is going to Close below the Pink Line around $45.53. This trade was not logged.
EXIT ARWR ARROWHEAD PHARMA. if it is going to Close below your Buy Price, or $14.39. This trade was not logged.
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