Markets were mixed today after yesterday’s pop on the China Trade Deal. Emotions are very High now, so be cautious.
Most of the Leaders are very over-bought on the Good News, so Smart Money should be taking profits soon. The Leaders are up in the Red Zones (probably too late to Buy for the Short Term).
Short Term Traders please WAIT for the Leaders to return to their Green Zones and Money Wave Buy Signals soon. The best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were up today.
Crude Oil was up $0.76 today at $59.94.
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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 12/13/2019
SGEN SEATTLE GENETICS Money Wave Buy today. SGEN will not be logged, as the Volume is below average of 1.1 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
THERE WILL BE NO LONG TERM BUYS THIS WEEK.
BHC BAUSCH HEALTH COS. Broke out to New Highs this week on a Buy Rec. We will wait to Buy BHC on the next Daily Money Wave Buy Signal.
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: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
BDSI BIODELIVERY SCIENCES
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ACAD ACADIA PHARMA.
APPS DIGITAL TURBINE INC.
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
CVNA CARVANA CO. EXIT if it is going to Close below your Buy Price, or $92.08. This trade was not logged.
LITE LUMENTUM HOLDINGS Money Wave is > 50, so EXIT today if it is going to Close below your Buy Price, or $75.03. This trade was not logged.
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!
