Money Wave Alert! Aug 29, 2019

POST UPDATED: August 29, 2019

Table of Contents

SPX Chart
The S&P 500 Index has been churning sideways for a month.

 

Markets  were up today on favorable Trade War news. The S&P 500 Index was able to cross above 2900 to bring in more Buying.  Next Resistance is 2943.

The Buying on many Stocks has been very tentative today, as Investors are nervous. Markets need to get back above their 50-day averages to stay Bullish. 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 down slightly and might have Double Topped. Bonds are Way Above the Green Line (Caution!).

Crude Oil was up $0.90 today at $56.70.

______________________________________________________________________________________________________

The Following Investments will probably have a Money Wave Buy Signal soon.

(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY    8/29/2019    

 

VSLR    VIVINT SOLAR INC.       Money Wave Buy today.  VSLR will not be logged as the Volume is below average of 1.2 Mil.       

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.)

IOVA     IOVANCE BIO     Medium Term Buy when it Closes above the Red Line of  $21.25 on High Volume (above 1.5 mil). 

PAYS     PAYSIGN INC. 

_____________________________________________________________________________________________________________________________________________________

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

ENPH     ENPHASE ENERGY

NVTA     INVITAE CORP.      Medium Term Buy if it Closes above the Pink Line of $24.85.

SE       SEA LIMITED ADR      Medium Term Buy if it Closes above the Red Line of $33.16.

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).

______________________________________________________________________________________

SELLS TODAY   NONE TODAY  

 

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.   

Related Post

Money Wave Alert! Aug 28, 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