Money Wave Alert! Apr 18, 2019

POST UPDATED: April 18, 2019

Table of Contents

IWM Chart
Tech Funds made New Highs today while the Small Caps were weaker.

 

MARKETS WILL BE CLOSED ON FRIDAY APRIL 19th to CELEBRATE GOOD FRIDAY.

Markets were up today, on lower pre-holiday Buying.  The S&P 500 Index dipped below the Pink Line of 2896 this morning, but bounced up to avoid a Short Term Sell Signal.

Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals. 

Crude Oil was up $0.25  today at  $64.00.

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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   

 

CGC    CANOPY GROWTH        Medium Term Buy today.  CGC will not be logged, as it is already up 5% today.   

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys Signals Soon:   (Best to Buy when the S&P 500 is also in the Green Zone.)    

ARRY    ARRAY BIOPHARMA       

AVP    AVON PRODUCTS      (2nd Buy Signal).

HZNP   HORIZON PHARM.    (2nd Buy Signal).   

NVTA    Invitae Corp.    Money Wave must Close in the Green Zone.

PLUG   PLUG POWER INC.    Money Wave must Close in the Green Zone.   

SID      COMPANHIA SIDERURGICA    (2nd Buy Signal).

TNDM    TANDEM DIABETICS

 

NON US INVESTMENTS:  

CANFINHOME.IN     CAN FIN HOMES LTD. (NSE)

IDFCFIRSTB.IN     IDFC FIRST BANK (NSE)    Money Wave must Close in the Green Zone.   

JLP.L     JUBILEE PLATINUM (LSE)   

ORIENTBANK.IN   ORIENTAL BANK  (NSE)   

SBER.L    SHERBANK OF RUSSIA ADR (LSE)

 

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).

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SELLS TODAY    

 

LOWER     the Sell Stop Loss on    UNG    US NATURAL GAS FUND    to $21.00 until it bottoms. 

 

EXIT    NCC.IN     NCC LTD. (India)    if it is going to Close below your Buy Price, or $105.15.  

 

 

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.

 

HAVE A NICE WEEKEND!

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