Markets “Gapped Up” today on good news, and the Indices hopped back above their Pink Lines (10-day avgs.) The Markets are not pulling back enough for decent Money Wave trades, as emotional Investors FEEL TOO GOOD, and don’t have the DISCIPLINE to WAIT.
Please be patient until emotions change from Good to Bad, and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy Signals.
Crude Oil was up today at $65.45.
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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
ETP ENERGY TRANSFER LP Money Wave Buy today. Target is $24.50. Place Sell Stop Loss below recent Support of $21.65 on the Close.
FDC FIRST DATA CORP. Money Wave Buy today. FDC will not be logged, as it is only 57 cents off the recent high.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
KDP KEURIG DR. PEPPER Buy when KDP Closes above the Pink Line.
HEAR TURTLE BEACH CORP
NOV NAT’L. OILWELL VARCO
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY NONE TODAY
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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– KDP
