Markets were up slightly today as mild Buying came in. Many are waiting on Trade News later this week. The S&P 500 Index is down near the Red (50-day avg.) and should bounce up near there. The NASDAQ 100 INDEX (QQQ) and TECH Fund (XLK) are holding up better.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was up $0.75 today at $63.15.
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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
DIS WALT DISNEY CO. Buy if it Closes above $135.97 on High Volume. Target is $143.00. EXIT if it is going to close below Support of $132.30. Earnings tonite.
TWLO TWILIO, INC. Buy if it Closes above $132.94 on High Volume. Target is $143.00. EXIT if it is going to close below Support of $126.75.
ASHM.L ASHMORE GROUP (London LSE) Money Wave Buy today. Foreign Investments will not be logged.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
CRON CRONOS GROUP Money Wave must Close in the Green Zone.
EDU NEW ORIENTAL EDUCATION Money Wave must Close in the Green Zone.
EWH HONG KONG FUND Medium Term Buy soon. Buy if it is going to Close above the Red Line of $26.10.
XLY CONSUMER FUND Money Wave must Close in the Green Zone.
NON US INVESTMENTS (These will not be logged.)
EVR.L EVRAZ (London LSE) Relative Strength is below 90.
RECLTD.IN RURAL ELECTRIFICATION CORP. (India NSE)
TITAN.IN TITAN CO. (India NSE)
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 HZNP HORIZON PHARM. on the Close today, or have a tight Sell Stop below to capture a 8% Gain.
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.