Money Wave Alert! Jul 10, 2018

POST UPDATED: July 10, 2018

Table of Contents

SPX Chart
The S&P 500 might close above the June Highs.

 

Markets were mostly up today on weaker Buying. Most of the Portfolio is back up in the Red Zones (probably too late to Buy for the Short Term) so consider taking some profits, and update your Sell Stop losses here:  PORTFOLIO

The Small Caps are back up to the Highs, with the other Indices lagging. 

Crude Oil  was up today at $74.10. 

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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    NONE TODAY

 

Money Wave Buys soon for:

ASNA    ASCENA RETAIL GROUP

KSS    KOHLS CORP.    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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY   

 

EXIT   FDN    INTERNET FUND    on the Close today, or have a tight Sell Stop Loss below it to Capture a 3.7% Gain.

EXIT   VKTX    VIKING THERA.    if it is going to Close below your Buy Price, or $10.06. This trade was not logged.

 

RAISE the Sell Stop Loss on    BA    BOEING CO.    to your Buy Price, or $334.65 on the Close.

 

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.

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