Markets were down slightly today, as the Health Care Stocks were under pressure. The S&P 500 Index needs to stay above the Pink Line of 2894 to avoid a Short Term Sell Signal.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $0.35 today at $63.70.
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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
CGC CANOPY GROWTH Medium Term Buy if it is going to Close above the Red Line of $43.30 today.
VFF VILLAGE FARMS INT’L. Money Wave Buy today. VFF will not be logged as it is already up 8% today.
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.)
ARRY ARRAY BIOPHARMA
AVP AVON PRODUCTS (2nd Buy Signal).
HZNP HORIZON PHARM. (2nd Buy Signal).
NVTA Invitae Corp. Money Wave must Close in the Green Zone.
PLUG PLUG POWER INC. Money Wave must Close in the Green Zone.
TNDM TANDEM DIABETICS
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
CHANGE HZNP HORIZON PHARM to Long Term (Sell Stop Loss below the Green Line of $20.82) until it bottoms.
CHANGE SID COMPANHIA SIDERURGICA to Medium Term (Sell Stop Loss below the Red Line of $3.74.
CHANGE ZS Zscaler, INC. to Medium Term (Sell Stop Loss below the Red Line of $61.08.
EXIT LSCC LATTICE SEMI. if it is going to Close below the Pink Line around $12.88. This trade was not logged.
EXIT SBUX STARBUCKS CORP. if it is going to Close below the Pink Line around $75.45. 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.
Related Post
– Money Wave Alert! Apr 16, 2019
– Money Wave Alert! Feb 25, 2019
