Markets were mixed today after Friday’s big rally. The S&P 500 Index is above the Red Line (50-day avg.) so next Resistance is the August Highs of 3028.
Please be patient and WAIT for the Leaders to come back down from the Red Zones for more Money Wave Buys soon. The Short Term Watch List is currently very small.
Bonds were up slightly today and are should have a Money Wave Buy Signal soon.
Crude Oil was down $1.37 today at $53.33.
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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 10/14/2019 NONE TODAY
AMD ADVANCED MICRO is pushing up above the 50-day average today for a Long Term Buy. AMD 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 (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates (NEW): (Buy Signal should be very soon… Click on the Jump Start link for more info.)
TLT US GOV’T BOND FUND
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AVP AVON PRODUCTS 2nd Buy Signal soon.
IOVA IOVANCE BIO
PG PROCTOR & GAMBLE Money Wave must Close in the Green Zone.
SWCH SWITCH INC. Buy if it Closes above $15.95 on High Volume.
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
HEXO HEXO CORP. LOWER the Sell Stop Loss to $2.20 on the Close until it bottoms.
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.
Related Post
– Bonds
