Markets were higher today as the Indices need to exceed last week’s Highs for this rally to continue. Buying is Low as the Markets are over-bought on the Short Term. The Big Four Trillion Dollar stocks are much of the rally today (MSFT AMZN GOOGL AAPL).
The S&P 500 Index is trying to Close back above the January Highs of 3338. The Market should be returning back to normal Green Zone – Red Zone trading.
NEW SUBSCRIBERS: Most Leaders & Indices are back up in the Red Zones (probably too late to Buy for the Short Term). Short Term Traders should WAIT for the Leaders to return to their Green Zones for more Money Wave Buy Signals. The best trades are when the S&P 500 Index is ALSO on the Green Zone, but that still has not happened since October..
Bonds were up slight today.
Crude Oil was down 0.75 today at $49.56 and is very over-sold.
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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 2/10/2020 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: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ITCI INTER-CELLULAR THERA. Buy if it Closes Above the Pink Line of $22.42 on High Volume.
XBIT XBIOTECH INC. (Click for info) Buy if it Closes Above the Pink Line of $22.20 on High Volume.
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SBGL SIBANYE GOLD Ltd. Money Wave must Close in the Green Zone.
STNE STONECO LTD. (Click for info).
TSG THE STARS GROUP Buy if it Closes Above the Pink Line of $23.90 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 NONE TODAY
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW! TOP 100 LIST Updated Jan 28, 2020
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).
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.