Wow, a big hit on Tech and Momentum Stocks today. Markets were down slightly today, but over the weekend the Funds must have decided that they had too much money in high Growth. Markets are back above their 50-day averages which is Bullish. Markets are waiting for a Trade War resolution.
Bonds were down today and might have a quick Money Wave Buy pop soon. Bonds are Way Above the Green Line (Caution!).
Crude Oil was up $1.50 today at $58.01.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 9/09/2019 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
AU ANGLOGOLD LTD.
GDX GOLD MINERS FUND
NG NOVAGOLD RESOURCES
SLV SILVER FUND
SE SEA LIMITED ADR Medium Term Buy if it Closes above the Red Line of $32.76.
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).
EXIT BRFS BRAZIL FOODS SA if it is going to Close below Support of $8.94.
EXIT PLAN ANAPLAN INC. if it is going to Close below Support of $51.62.
EXIT ARQL ARQULE INC. if it is going to Close below Support of $8.49. This trade was not logged.
EXIT NVCR NOVACURE LTD. if it is going to Close below Support of $82.16. This trade was not logged.
EXIT VSLR VIVINT SOLAR INC. if it is going to Close below your Buy Price, or $7.80. 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.