Markets were down today on profit taking. Several more Open Positions in the Portfolio might get Stopped Out today. Emotions are very High now, so be cautious.
Short Term Traders should WAIT for the Leaders to return to their Daily Green Zones. The best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were down today.
Crude Oil was down $0.18 today at $61.54.
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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 12/30/2019 NONE TODAY
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.)
ARDX ARDELYX INC
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BBY BEST BUY CO. Money Wave must Close in the Green Zone.
LEG LEGGETT & PLATT Medium Term Buy if it Closes above $51.67 on High Volume.
LLY ELI LILLY & CO. 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
KGC KINROSS GOLD EXIT on the Close today, or have a tight Sell Stop Loss below it. KGC has bounced up 13 % from the recent low.
AMAT APPLIED MATERIALS EXIT if it is going to Close below the Pink Line around $60.96. This trade was not logged.
BDSI BIODELIVERY SCIENCES EXIT if it is going to Close below the Pink Line around $6.52. This trade was not logged.
EWT TAIWAND FUND EXIT if it is going to Close below the Pink Line around $41.09. This trade was not logged.
GOOGL GOOGLE CORP. EXIT if it is going to Close below Support of $1344.17. This trade was not logged.
KDMN KADMON HOLDINGS EXIT if it is going to Close below your Buy Price, or $4.69. This trade was not logged.
WU WESTERN UNION EXIT if it is going to Close below the Pink Line around $27.12. 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.
