Money Wave Alert! Feb 21, 2019

POST UPDATED: February 9, 2024

Table of Contents

SPX Chart
The S&P 500 is back up in the Red Zone (Over-Bought).

 

 

Markets  were down today on mild Selling as the Indicators are Over-Bought for the Short Term. Many Leaders were back up in the Red Zones (probably too late to Buy for the Short Term).

This is the hard part for Investors:  WAITING.  Please be patient and WAIT for Money Wave Buy Signals.

Crude Oil  was down $0.30  today at  $56.90. 

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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    NONE TODAY 

 

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

EXAS    EXACT SCIENCES CORP.

SAVE    SPIRIT AIRLINES     Money Wave must Close in the Green Zone.

VXXB     VIX VOLATILITY INDEX     Medium Term Buy when it Closes above the Red Line (50-day avg.)   

    

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    EWZ    BRAZIL FUND     if it is going to Close below your Buy Price, or $43.70. 

 

EXIT    CGC    CANOPY GROWTH     if it is going to Close below your Buy Price, or $46.05.  This trade was not logged.

EXIT    DG    DOLLAR GENERAL     if it is going to Close below the Pink Line around $118.17.  This trade was not logged.

 

 

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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Money Wave Alert! Feb 19, 2019

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