Markets were up slightly again today on low Volume Buying. The FED meets again in 2 weeks.
Markets are back above their 50-day averages which is Bullish. Markets are waiting for a Trade War resolution.
Bonds were up slightly today after yesterday’s drop. Bonds are Way Above the Green Line (Caution!).
Crude Oil was up $0.26 today at $56.56.
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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 9/06/2019
SNAP SNAP INC. Buy today if it is going to Close above $16.40. Target is $19.00. EXIT if it is going to Close below Support of $15.03.
ACST ACASTI PHARMA Medium Term Buy when it Closes above $2.06. ACST will not be logged, as it is already back up in the Red Zone.
NVCR NOVOCURE LTD. Money Wave Buy today. NVCR 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.
THERE WILL BE NO LONG TERM BUYS THIS WEEK.
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.)
ENPH ENPHASE ENERGY
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GFI GOLD FIELDS LTD. Relative Strength is Below 90.
PAYS PAYSIGN INC. Buy if it is going to Close above $13.84
SE SEA LIMITED ADR Medium Term Buy if it Closes above the Red Line of $32.89.
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 NONE TODAY
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!
