Money Wave Alert! Aug 31, 2018

POST UPDATED: August 31, 2018

Table of Contents

BRKA Chart
Warren Buffett’s Fund has not been able to make a New High.

 

MARKETS WILL BE CLOSED ON MONDAY.

Markets were down slightly today as the Leaders are slowly coming down from the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines (10-day avgs.)

Please be patient and WAIT for the Leaders and Indices to return to their Green Zones for Money Wave Buy Signals. 

Crude Oil  was down today at  $69.80. 

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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   

 

MU    MICRON TECH    Long Term Buy today if it can Close above the Red Line of $52.58. Target is $64.00, Place Sell Stop below the Green Line of $47.50 on the Close.

 

Money Wave Buys soon for:  

CTL    CENTURY LINK    Money Wave must Close in the Green Zone.

HEAR    TURTLE BEACH CORP.

I    INTELSAT GLOBAL

KDP    KEURIG DR. PEPPER    Buy when KDP Closes above the Pink Line.   

XRT    RETAIL INDEX    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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    

 

EXIT    ACXM     ACXIOM CORP.    if it is going to Close below the Pink Line around $45.33.   This trade was not logged.

EXIT    PSX    PHILLIPS 66     if it is going to Close below the Pink Line around $118.53.   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.

 

HAVE A NICE WEEKEND!

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