Money Wave Alert! Aug 12, 2019

POST UPDATED: August 12, 2019

Table of Contents

TLT Chart
Bonds (TLT) are extended from FEAR, but could be forming a Double Top here.

 

Markets  were down today on lower Volume as the Indices are going back down to re-test last week’s Lows. A Higher Low soon should be Bullish. 

Most of the Leaders & Tech Stocks have bounced up recently and are slightly over-bought.

Bonds are back up re-testing last week’s Highs.

Crude Oil was up $0.22  today at $54.72.

______________________________________________________________________________________________________

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

 

BUYS TODAY    8/12/2019    NONE TODAY

 

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

ARQL     ARQULE INC.     Buy when it Closes above the Pink Line of $9.42.      

IOVA     IOVANCE BIO    Buy when it Closes above the Pink Line of  $23.17.

SNAP     SNAP INC.      Money Wave must Close in the Green Zone.    

ZIOP     ZIOPHARM

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   

 

COTY     COTY INC.      LOWER the Sell Stop Loss to $9.50 until it bottoms.  

WMT    WALMART INC.     EXIT if it is going to Close below Support of $105.07 (Adjusted for $0.53 Dividend). 

 

AVP     AVON PRODUCTS     EXIT if it is going to Close below the Pink Line of $4.31.  This trade was not logged.

SMAR     SMARTSHEET INC.     EXIT if it is going to Close below Support of $46.12.  This trade was not logged.

TSS     TOTAL SYSTEMS SERVICES     EXIT if it is going to Close below your Buy Price, or $127.57.  This trade was not logged.

 

Check   PORTFOLIO  (Open Positions) and adjust your Sell Stops.

Click for  CLOSED POSITIONS.

FREQUENTLY ASKED QUESTIONS

 

Related Post

Money Wave Alert! Aug 9, 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