Money Wave Alert! Aug 28, 2019

POST UPDATED: August 28, 2019

Table of Contents

IWM Chart
The Small Caps (IWM) are bouncing today, but are Below the Green Line. (Avoid)

 

Markets  were up today on over-sold Buying. The S&P 500 Index needs to Close above 2900 to bring in more Buying.  Markets are waiting for a Trade War resolution. 

New Subscribers: Please be patient and WAIT for the Leaders to pop out of the Green Zones for Money Wave Buy Signals.

Bonds  were back up re-testing the Highs, but are Way Above the Green Line (Caution!).

Crude Oil was up $0.99 today at $55.92.

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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    8/28/2019    

 

BRFS     BRAZIL FOODS SA       Money Wave Buy today.  Target is $10.50.  EXIT if it is going to Close below Support of $8.94.

 

NVTA     INVITAE CORP.     Money Wave Buy today.. NVTA will not be logged as the Relative Strength has dropped Below 90, and the Volume is low.       

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

 

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

 

“JUMP START” Candidates (NEW):  (Buy Signal should be very soon… Click on the Jump Start link for more info.)

PAYS     PAYSIGN INC. 

VSLR    VIVINT SOLAR INC.

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ACST     ACASTI PHARMA    Medium Term Buy when it Closes above $2.06.   

IOVA     IOVANCE BIO     Medium Term Buy when it Closes above the Red Line of  $21.26.        

SE       SEA LIMITED ADR      Medium Term Buy if it Closes above the Red Line of $33.19.

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

 

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   

 

PLAN     ANAPLAN INC.     EXIT if it is going to Close below your Buy Price, or $55.42.    

 

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

Click for  CLOSED POSITIONS.

FREQUENTLY ASKED QUESTIONS

 

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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