Money Wave Alert! Mar 13, 2019

POST UPDATED: February 9, 2024

Table of Contents

GDX Chart
The Gold Mining Fund needs to make New Highs soon for the rally to continue.

 

Markets were up again today as the S&P 500 Index went slightly higher than last week’s High of 2817. Closing above 2817 would be Bullish. The Tech Funds are stronger on this rally. 

Many Leaders have popped up out of the Green Zones for Money Wave Buy Signals. 

Crude Oil was up $1.60  today at  $58.50. 

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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   

 

AVP    AVON PRODUCTS       Money Wave Buy today. Target is $4.00.    EXIT if it is going to Close below Support of  $2.62.

 

CYH    COMMUNITY HEALTH     Money Wave Buy today. CYH will not be logged as the Volume is below average.

SBUX    STARBUCKS CORP.    Money Wave Buy today. SBUX will not be logged as the Volume is below average.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

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

    
CGC    CANOPY GROWTH    Money Wave must Close in the Green Zone.  
CRON    CRONOS GROUP    Money Wave must Close in the Green Zone.     
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    

 

EXIT    AMD   ADVANCED MICRO  (2nd Buy only)   if it is going to Close below your Buy Price, or $23.50. 

 

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.

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