Money Wave Alert! Aug 6, 2019

POST UPDATED: August 6, 2019

Table of Contents

TLT Chart
Bonds have Blow Out on fears of a slow down, but are Way Above the Green Line.

 

Markets  were up today after becoming very Over-Sold on the Short Term.  The Leaders & Tech Stocks are back down to the Green Zones for Money Wave Buys soon.  The Watch List of Money Wave Buys has grown large, and the S&P 500 Index is also in the Green Zone (normally a better time to Buy the Leaders).  

Please be patient and WAIT for the Leaders to pop up out of their Green Zones.

Bonds were up slightly again on Trade Fears.

Crude Oil was down $0.93  today at $53.75.

______________________________________________________________________________________________________

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

 

BUYS TODAY    8/6/2019    

 

DIS     WALT DISNEY CO.      MONEY WAVE BUY TODAY.  Target is $148.00.   EXIT if it is going to close below Support of $137.03.

 

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

ARQL     ARQULE INC.     

COUP     COUPA SOFTWARE    Money Wave must Close in the Green Zone.        

PG     PROCTOR & GAMBLE

PLAN     ANAPLAN INC.   

SKX     SKECHERS USA    Relative Strength is Below 90.

SMAR     SMARTSHEET INC.    Medium Term Buy when it Closes above the Red Line of $48.96.

SMH     SEMICONDUCTOR FUND      Relative Strength is Below 90.     

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

TER     TERADYNE INC.

WMT     WALMART INC.

XLK     TECH FUND       Relative Strength is Below 90.

XLP     CONSUMER STAPLES FUND        Relative Strength is Below 90.

 

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.

Related Post

Bonds

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