Markets were up mostly today but the Tech Stocks had some profit taking. Most of the Leaders and Indices are back up in the Red Zones (probably too late to Buy for the Short Term). Short Term Traders might want to raise some CASH.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $0.30 today at $62.15.
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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
AVP AVON PRODUCTS Money Wave Buy today. Target is $3.41. EXIT if it is going to Close below Support of $2.74.
AU ANGLOGOLD LTD. Medium Term Buy today. Target is $16.00. EXIT if it is going to Close below Support of $12.53.
GDX GOLD MINING INDEX Money Wave Buy today. Target is $24.00. EXIT if it is going to Close below Support of $21.79.
KL KIRKLAND LAKE GOLD Medium Term Buy today. KL will not be logged, as it is already 12% above Support of $29.15.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
CGC CANOPY GROWTH Medium Term Buy when it Closes above the Red Line of $43.88.
WPM WHEATON PRECIOUS METALS
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 CHGG CHEGG, INC. if it is going to Close below your Buy Price, or $38.31. This trade was not logged.
EXIT TTD TRADE DESK INC. if it is going to Close below your Buy Price, or $197.95. 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.
