Money Wave Alert! Apr 2, 2019

POST UPDATED: February 9, 2024

Table of Contents

VIX Chart
The FEAR Index is in the Green Zone (Over-Bought Markets).

 

Markets were mixed today after Monday’s rally. The DOW Index and S&P 500 Index are higher than the March highs, but the NASDAQ 100 and Small Caps are not.  The low Volume recently is worrisome for the Bulls. (Where are the Buyers?)  

The FEAR Index is in the Green Zone, so Short Term Traders should be raising Cash to possibly Buy lower.

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

Crude Oil was up $1.15  today at  $62.75. 

__________________________________________________________________________________________________

The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY    NONE TODAY

 

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

AU   ANGLOGOLD LTD.   

AVP    AVON PRODUCTS    Money Wave must Close in the Green Zone.

CGC    CANOPY GROWTH        Medium Term Buy when it Closes above the Red Line of $43.91.   

GDX   GOLD MINING INDEX     

KL     KIRKLAND LAKE GOLD

SBGL    SIBANYE GOLD

TNDM    TANDEM DIABETICS  
    
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    

EXIT    TGNA     TENGA INC.    if it is going to Close below your Buy Price, or $14.10.

 

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.   

Related Post

Money Wave Alert! Apr 1, 2019

Become a Greenliner. Join Today

Candlestick. A Swing Traders Friend

A snapshot of the daily updates that help traders stay aligned with market direction.

Download our free ebook - Candlestick A swing traders friend