EARLY EDITION
Markets were up nicely today as the S&P 500 Index is up over 1 %. Next Resistance is the August Highs of 3028.
Please be patient and WAIT for the Leaders to come back down into the Green Zones for more Money Wave Buys soon. Many Leaders are up in the Red Zones (probably too late to Buy for the Short Term).
Bonds were down today but should have a Money Wave Buy Signal soon.
Crude Oil was down $0.37 today at $53.03.
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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 10/15/2019 NONE TODAY
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.)
AVP AVON PRODUCTS 2nd Buy Signal soon.
LCI LANNETT CO.
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IOVA IOVANCE BIO Medium Term Buy if it Closes above the Red Line of $19.95 on High Volume.
PG PROCTOR & GAMBLE
TLT US GOV’T BOND FUND
SWCH SWITCH INC. Buy if it Closes above $15.95 on High Volume.
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
GDX GOLD MINERS FUND EXIT if it is going to Close below Support of $26.51. 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.
Related Post
– Bonds