Money Wave Alert! Apr 8, 2019

POST UPDATED: February 9, 2024

Table of Contents

DIA Chart
The DOW Index was back up in the Red Zone.

 

Markets were mixed today on more slow trading. The DOW Index is down from a 4% drop in Boeing Corp.

Most of the Leaders and Indices are back up in the Red Zones (probably too late to Buy for the Short Term).  Short Term Traders might want to raise some CASH.

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

Crude Oil was up $1.25  today at  $64.33, a high for this year. 

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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   NONE TODAY

 

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

CGC    CANOPY GROWTH        Medium Term Buy when it Closes above the Red Line of $43.79.   

YUMC    YUM CHINA HOLDINGS    Money Wave must Close in the Green Zone.

ZS   ZSCALER, INC.    

 

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    

 

EXIT    ACAD    ARCADIA PHARM.     if it is going to Close below the Pink Line around  $27.04.  This trade was not logged.

EXIT    FBP   FIRST BANCORP.     if it is going to Close below the Pink Line around  $11.50.  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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