Markets popped up big today as the FED made positive talks to make the HERD feel better. Looks like many are now betting on a Double Bottom soon, and we could see a “W” pattern for a much larger rally up longer term.
Try to own only the Strongest Leaders that can hold above their Green Lines here, and they could see nice moves up.
Crude Oil was down $1.20 today at $50.40.
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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
SBUX STARBUCKS CORP. Money Wave Buy today. SBUX will not be logged, as it is still Way Above the Green Line.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
AMD ADVANCED MICRO
EUM INVERSE EMERGING MARKETS FUND
LW LAMB WESTON
ULTA ULTRA BEAUTY, 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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT DXCM DEXCOM INC. if it is going to Close below your Buy Price, or $124.28. This trade was not logged.
LOWER the Sell Stop Loss on ROKU ROKU INC. to $37.51 on the Close until it bottoms.
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.