Port Chart
Many Open Positions in the Short Term Portfolio are now in the Red Zones.

 

Markets were mixed today after the S&P 500 & NASDAQ 100 made New Highs for this rally to continue. Buying Volume was Low as the Markets are over-bought on the Short Term. 

The S&P 500 Index went up to 3376 this morning and Support could now be the January Highs of 3338. Closing below 3338 could cause Selling,  The Market should be returning back to normal Green Zone – Red Zone trading.

NEW SUBSCRIBERS: Please be patient and 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..Most Leaders & Indices are currently back up in the Red Zones (probably too late to Buy for the Short Term). 

Bonds  were down slight today. 

Crude Oil was up 0.49  today at $50.06 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    2/11/2020    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 $22.22 on High Volume.

XBIT     XBIOTECH INC.  (Click for info)    Buy if it Closes Above the Pink Line of $22.06 on High Volume.   

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GGB      GERDAU USA

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 RED Line of $24.10 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.

Related Post

Money Wave Alert! Feb 10, 2020

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