MARKETS WILL BE CLOSED ON MONDAY FOR MEMORIAL DAY
Markets were up slightly today on low Volume before the long weekend. The Techs and Semiconductors don’t have many Buyers yet. The Markets should force a Trade Solution soon.
The S&P 500 Index had a small bounce off of last Monday’s Low of 2801. A Close above 2892 should bring in more Buyers.
Crude Oil was up $0.88 today at $58.80. ______________________________________________________________________________________________________
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 5/24/2019 NONE TODAY
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
ANF ABERCROMBIE & FITCH Medium Term Buy when it Closes Above the Red Line of $26.27.
BLL BALL CORP.
CDNS CADENCE DESIGN
CVNA CARVANA CORP. Medium Term Buy when it Closes Above the Red Line of $62.48.
DIS WALT DISNEY CO. Buy when it Closes above $135.97 on Higher Volume.
EDU NEW ORIENTAL EDUCATION Medium Term Buy when it Closes Above the Red Line of $85.77.
LSCC LATTICE SEMI Medium Term Buy when it Closes Above the Red Line of $12.53.
MTCH MATCH GROUP, INC.
PLNT PLANET FITNESS
SBUX STARBUCKS CORP.
NON US INVESTMENTS (These will not be logged.)
IOF.L IOFINA INC. (London LSE)
JLP.L JUBILEE PLATINUM (London LSE)
OCDO.L OCADO LTD. (London LSE)
QLT.L QUILTER PLC (London LSE)
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
LOWER the Sell Stop Loss on AVGO BROADCOM INC. to $255.00 until it bottoms.
Hold off on the Sell of USO US OIL Fund on the Close today. We will try to get out next week around $12.60 – $12.75.
USO is back down in the Green Zone.
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.
