Markets were down again today on as the Leaders & Tech Stocks are coming back down to the Green Zones for Money Wave Buys soon. The Watch List of Money Wave Buys is growing, so we should have a bounce coming soon. FEAR is back in the Markets, which is usually a good time to Buy the Leaders.
Please be patient and WAIT for the Leaders to return to their Green Zones.
Bonds were up again on Trade Fears.
Crude Oil was up $1.55 today at $55.50.
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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 8/2/2019 NONE TODAY
THERE WILL BE NO LONG TERM BUYS THIS WEEK
Money Wave Buys Signals Soon: (Best to Buy these when the S&P 500 is also in the Green Zone.)
ARQL ARQULE INC. Buy if it is going to Close above $10.59.
COUP COUPA SOFTWARE Money Wave must Close in the Green Zone.
FB FACEBOOK INC.
ROKU ROKU INC.
SKX SKECHERS USA Relative Strength is Below 90.
SMAR SMARTSHEET INC.
SMH SEMICONDUCTOR FUND
WMT WALMART INC.
XLK TECH FUND Money Wave must Close in the Green Zone.
XLP CONSUMER STAPLES FUND Money Wave must Close in the Green Zone.
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
COTY COTY INC. LOWER the Sell Stop Loss to $10.60 until it bottoms.
WMT WALMART INC. was Stopped Out late yesterday at $109.38 on the Retail dump. WMT is back in the Green Zone for another Money Wave Buy soon.
RCII RENT-A-CENTER EXIT if it is going to Close below your Buy Price, or $26.60. This trade was not logged.
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.
HAVE A NICE WEEKEND!
Related Post
– Bonds
